FCA review reveals poor practice in mobile phone insurance
It also confirmed that it was set to impose a significant fine in July on one firm in the market for poor handling of complaints.
The watchdog's publication focused on the way mobile phone insurance firms designed products and handled claims from customers that had lost or damaged their phone, or had it stolen.
The regulator accepted that mobile phone insurance can be useful, but stated that it had found examples of poor practice in a number of areas including elements of the products which were
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Insurer
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Kingfisher hits Fresh sellers with allegations of deceit
- Barbon Insurance Group bought by PIB
- SME specialist Ballantyne Brokers launches
- Broker Exchange: Regulation deluge impacting some brokers’ survival chance
- Geo Underwriting moves into the captive market with latest acquisition
- Brunel Insurance Brokers buys Coventry broker
- ERS solidifies move into commercial with Lloyd’s deal