Blog: Regulation, the FCA and value – how to stay on track when choosing products and partners?
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RAC's Ian Lloyd discusses why breakdown insurance remains relevant today despite improvements in automotive technology and what brokers need to think about when choosing products for their customers.
With the Financial Conduct Authority’s new value measures regulation set to be the next big thing since the Insurance Distribution Directive in 2018, it’s now more important than ever for brokers to make sure their chosen products are relevant for their customers.
It was inevitable that the spotlight would land on the ancillary market given the expansion of products and underwriters in this space, alongside the recognition that some add-on products offered poor product value to customers or
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