UK watchdog publishes data to improve insurance marketStaff Writer | January 25, 2017
Britain's financial watchdog published data on Wednesday in a bid to improve transparency in the general insurance market and help consumers assess whether products offer value for money.
Britain The Financial Conduct Authority
The pilot scheme, with information from 38 insurers who provided claims data for the year ended August 2016, is designed to influence both consumer and corporate behaviour, incentivising firms to improve the value their products offer to consumers, the FCA said. ■