Biba says members are taking action to tackle dual pricing

dual pricing

Brokers are taking action on dual pricing and working in the best interest of long-standing customers, according to a survey by the British Insurance Brokers’ Association (Biba).

In May 2018, Biba and the Association of British Insurers (ABI) launched a set of Guiding Principles and Action Points (GPAP) to address market issues that lead to excessive differences between new customer and renewal premiums in motor and home insurance.

In a report published today (10 July), Biba said it had

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