FCA bares teeth at GI firms over treatment of customers

A policeman with a stop sign

In a letter written to CEOs of General Insurance (GI) firms the Financial Conduct Authority (FCA) outlined the details of its thematic report on the GI distribution chain; highlighted existing rules and guidance for firms in the sector and their expectations of a response following the publication of a report into distribution strategy in insurance.

The report published today (10 April) identified the potential for harm and negative outcomes for customers stemming from the product development

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: