Biba responds to review
The British Insurance Brokers' Association (Biba) has responded to the Financial Services Authority'...
The British Insurance Brokers' Association (Biba) has responded to the Financial Services Authority's review of insurance comparison websites by calling on the regulator to ensure that consumers using the technology are provided with clear, fair and not misleading information. The review was launched after research, commissioned by Biba, showed the potential for serious consumer detriment across insurance comparison websites. In particular, the research revealed that 84% of insurance buyers said the details of insurance policies offered via price comparison websites could be confusing.
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