# Britain’s insurers told to demonstrate better value for customers
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2024-08-21
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: UK insurers failing to prove good outcomes for consumers
Meta Description: Financial watchdog reports insurers and brokers are failing to ensure customers receive consistent good outcomes, despite increased investor protections.
URL: https://financedigest.com/britains-insurers-told-to-demonstrate-better-value-for-customershtml

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/2024-08-21t091445z1lynxmpek7k09artroptp4britain-markets-regulator-1736811523217-compressed.webp)

LONDON (Reuters) – Some of Britain’s insurers are still unable to show they provide good outcomes for consumers, the country’s financial watchdog said on Wednesday, a year since the introduction of tougher protections for investors.

“Progress is being made, but we are still seeing too many examples of insurers and brokers lacking the right information, governance, or oversight to ensure their customers get consistently good outcomes,” Matt Brewis, the Financial Conduct Authority’s director of insurance, said in a statement.

(Reporting by Huw Jones, Editing by Louise Heavens)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---