January

Extended warranties reform

The Government gave the green light to reform of the sale of extended warranties and moves to add greater transparency to such sales. However, the Government stopped short of full regulation under the Financial Services Authority (FSA) and was criticised by the ABI for taking a two-tier approach.

Centrus business to Helphire

Accident management company Centrus sold the renewal rights to its ongoing policies to Bath-based Helphire, after the business was put up for