Date(s) - 24/09/2021
12:00 pm - 1:00 pm
The FCA is consulting on a significant package of reforms to UK General Insurance pricing practices (CP20/19).
Reforms are expected to rule out the practices of “price walking” or gradually increasing the premiums of renewing customers and auto renewal and introduce additional reporting requirements.
Proposed changes have far-reaching implications for firms, ranging from the strategic and commercial to the operational. In this presentation, we review where these proposals came about and possible responses by insurers.