Analysis

Opinion: Industry will need to continue to knuckle down in 2023

By 2022-12-16T09:52:00

2023

Editor Katie Scott summarises some of the year’s key challenges and what the industry may expect come 2023

This year has certainly thrown a barrage of challenges at the insurance industry.

We kicked off 2022 with the full implementation of the FCA’s new pricing regulations, eliminating the practice of price walking and the loyalty penalty from the home and motor markets, as well as confirming a focus on fair value and product governance.

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