Insurers seek investigation into comparison site clauses
Motor insurers have pleaded with the Competition Commission to perform a U-turn and investigate the use of ‘most favoured nation' and ‘best price' clauses by aggregators – an omission that has been labelled "beyond belief" by one player.
In September last year, the Office of Fair Trading referred an investigation into the supply or acquisition of private motor insurance and related goods and services to the CC, with market players
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Insurers continue to face the challenge of distinguishing and differentiating themselves on anything other than being among the cheapest providers.