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The Independent UK
The Independent UK
Business
Vicky Shaw

FCA will expand work to improve standards in home and travel insurance markets

The FCA said it is expanding its existing plan to improve the claims process and consumer understanding of their cover (Dominic Lipinski/PA) - (PA Archive)

The City regulator has said it is expanding the “significant” work it had planned to improve standards in the home and travel insurance markets, following a super-complaint by a consumer group.

The Financial Conduct Authority (FCA) said that, over the next year, it will do more to improve claims handling, by reviewing firms’ customer service and delivery and how they oversee third parties that handle claims.

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