As of the 21st November 2021, the Financial Conduct Authority (FCA) published their updated policy statement setting out the rules of insurance pricing and enhancing product governance. This is designed to improve competition and ensure that general insurance offer fair value products to customers.
We are required by the FCA to demonstrate that we actively review our products and evidence they continue to provide the end customer fair value.
Please see the details of our findings for each of our products:
· Fleet Policy underwritten by Carraig Insurance Company Ltd
· Fleet Policy underwritten by Great Lakes Insurance SE
· Haul-in-One Policy underwritten by Carraig Insurance Company Ltd
· Haul-in-One Policy underwritten by Great Lakes Insurance SE
· Camatics Policy underwritten by Great Lakes Insurance SE
· Wasteline Policy underwritten by Great Lakes Insurance SE
· Coach & Bus Policy underwritten by Great Lakes Insurance SE