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I ve got that sinking feeling over finding insurance for my flat | Insurance

Industry warned of bumpy ride ahead after FCA confirms dual pricing ban

Insurance Age Subscriptions Subscriptions Print this page   With the Financial Conduct Authority’s (FCA) new rules on pricing, auto-renewal and data reporting remedies coming into effect on 1 January 2022, companies must now take heed of the regulator’s recent directives and make sure customers are getting ‘fair value’ when purchasing a policy. The British Insurance Brokers Association (Biba) and the Association of British Insurers (ABI) have been supportive of the new measures and deemed the ban on dual pricing beneficial for customers. David Sparkes Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

What the FCA travel rules mean for brokers

Insurance Age Subscriptions Subscriptions Print this page   The Financial Conduct Authority (FCA) has announced new rules relating to the travel insurance sector. The fresh regulations state that firms must now signpost certain customers with pre-existing medical conditions to a medical cover firm directory. David Sparkes, head of compliance and training at the British Insurance Brokers Association (Biba), told Insurance Age that the reasons for implementing these rules are rooted in problems which have become more prominent over the last few years: “In Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

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