Vitality drops out of car insurance market after just two years

car

Vitality has dropped out of the personal lines motor market after just two years, announcing that it is “no longer offering new car insurance policies,” Insurance Post can reveal.

A statement on health insurance specialist Vitality’s website states: “Over recent months, the car insurance market has experienced unprecedented claims inflation, leading to significant price

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FCA overwhelmed by feedback on naming and shaming

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator will “really take our time” when considering its proposed plans to name firms it is investigating before any decision has been made.

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