Premium finance not affected by FCA relief measures, says Biba
The British Insurance Brokers’ Association (Biba) has stated that temporary relief measures introduced by the Financial Conduct Authority (FCA) will not affect premium finance arrangements.
Earlier today (9 April), the regulator confirmed the introduction of measures designed to give temporary financial relief to customers facing payment difficulties.
Christopher Woolard, interim chief executive at the FCA, said: “We know many people are suffering financial pressures brought on as a result of
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 Regulation
Podcast
The Insurance Age Podcast: 3 April 2020
Insurance Age commissioning editor, Laurence Eastham, and news editor, Ida Axling, discuss the top stories of the week.
Subscribe to our daily newsletter for all the latest news
Most read
- FCA names 16 insurers affected by BI legal test case
- Hiscox has highest number of policies highlighted by FCA test case
- News analysis: Brokers hit back after Mactavish stokes remuneration debate
- Former MP Amber Rudd joins ‘Pan Re’ committee alongside series of industry big hitters
- Brokers welcome momentum for FCA BI test case
- Staveley Head-linked Policyplan goes into run-off
- Axa to pay French Covid-19 BI claims after court ruling – reports