Nearly everyone in the insurance market must surely by now be aware that the industry is rapidly becoming a pariah in the eyes of the British public.
2003 has already seen the front page of a leading tabloid splashing the story of a women who was "left with a £315,000 hospital bill after insurers refused to pay" with regard to a travel policy sold by a leading bank, and the following edition drummed up another two tales of woe over claims turned down by the same firm.
The high-profile scandals
- Ardonagh picks up selected renewal rights from Ageas Retail in £7m deal
- Eldon Insurance states none of its data was used by Leave.eu campaign
- Towergate owners post £261m loss for 2017
- Ex-Das CEO Paul Asplin stands trial for fraud
- Two thirds of UK manufacturers lack cyber insurance cover
- Ardonagh looking at deals worth £500m
- SSP adds Pex Insure to panel