We are the voice of insurance and long-term savings | Contact us

Summer Budget ABI response regulation Claims Management Companies FCA shopping around for insurance

Huw Evans, Director General of the Association of British Insurers (ABI), responds to the Budget announcements on the regulation of Claims Management Companies and the FCA review on shopping around for insurance.

On the regulation of Claims Management Companies, Huw Evans said:

"Poorly regulated Claims Management Companies have been hiking up the cost of insurance for far too long. The Government is right to tackle this aggressively and ensure the system rewards customers who behave truthfully."

On the FCA review on shopping around for insurance, Huw Evans said:

"We welcome this review which is good news for consumers especially if the ABI proposal for disclosure of last year’s premium is adopted."


Last updated 01/07/2016