FCA warns over too complex MLEI

fingers-crossed

The Financial Conduct Authority’s (FCA) thematic review into motor legal expenses insurance (MLEI) was warmly received by key industry trade bodies as bringing “greater clarity” and a “useful reminder” for the market place.

The British Insurance Brokers’ Association and the Association of British Insurers both had words of endorsement for the regulator’s work however the industry was still left with a warning ringing in its ears.

The FCA’s headline findings included the assertion that the

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: