Biba calls for understanding over risk-based system regarding age

The insurance industry must remain on a risk-based system following proposals from the European Commission for a draft equality bill, the British Insurance Brokers' Association (Biba) has warned.

Biba said any legislation that changes the risk-based system would have a serious impact on the availability and competitiveness of insurance protection.

Graeme Trudgill, Biba technical and corporate affairs executive, said: "The insurance industry must have an exemption to allow for reasonable differenti

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