Experts worry it could lead to “surge pricing” but see positives too including transparency and flexibility.
The business will trade as a managing general agent and has been backed by Munich Re Digital Partners.
Provider to tackle dual pricing with new home and motor offering.
Body still working on investigation following the super-complaint from Citizens Advice, which slammed dual pricing practices in insurance.
“Game changing” offering set to go live in mid-January.
Consumer Intelligence research shows average premiums fell 0.4% to October 2018, but increases could be on the horizon.
Tech MGA to provide water leak detection system to HNW clients, working exclusively with brokers.
The frustration is that insurance has so much to be proud of.
FCA review led to insurer being “made aware” of problems.
Chris Woolard on why the regulator felt it had to act.
Biba and the ABI welcome the FCA's move, agreeing with the regulator that the market needs to work as well as possible for all customers.
Regulator points to guiding principles from Biba and the ABI published in May this year.
Andrew Bailey sends pricing practices warning.
Chief executive highlights it will consider “all possible remedies” to make the market work for consumers.
The cost of insuring a home “remains remarkable value for money”.
Experts respond to the Citizens Advice super complaint.
Survey shows dual pricing in home cover as some long term policyholders pay up to £105 more than new customers.
UK aggregator Confused also reports growth.
CFO Richard Hoskins says focus is on "disciplined growth" and investing in digital initiatives.
Provider also posts profit increase and an improved COR of 99%.
Company flags insurer fears over subsidence claims.
Simon Hird is promoted to head of broker and intermediary.
Insurer targeting double-digit millions of pounds through platform’s new offering.
However CB Insights said that Amazon acting as more than a distributor in the home market was “unlikely”.