Insurance Post

NCB deadline extension may not be long enough, claims ABI

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The Association of British Insurers has questioned whether the Competition and Markets Authority's no claims bonus extension is adequate and described its decision to maintain “rigid and generic” wording on NCB information as “a mistake”.

While welcoming the extension of the CMA's deadline for implementing its NCB remedy, the ABI has questioned whether the industry will be ready to act by August 2016 and has raised concerns around

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