MPs urge insurance sector to focus on financial inclusion

Insurance Cares: Aon and Aviva push to get social landlords to make use of their tenants contents insurance schemes in order to help vulnerable customers, as MPs outline challenges for the industry.

Recent flooding has served as a reminder that contents insurance for tenants is a protection gap that the industry needs to tackle, according to Aon UK chief executive officer, Julie Page.

Page continued: “Not only does it hurt most in that protection gap, but it’s also more likely to happen.

“If we look at those lower income families, what we see is a much higher likelihood of fire and burglary. This protection gap is wholly solvable.”

Lower income
The comments were made as Aon and Aviva