Sir Trevor Phillips warns insurers face a ‘reckoning’

Sir Trevor Philips

Sir Trevor Phillips, former head of the Commission for Racial Equality, has revealed that “more than any other industry,” the insurance sector needs to tackle the disparate way it treats customers.

In an exclusive interview with Insurance Post, Sir Trevor, pictured, said that while the insurance industry has improved representation and behaviour in recent years

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CII criticises insurers' profiting from premium finance

The Chartered Insurance Institute has questioned the ethics of making money from customers who pay monthly for insurance after Which? found several motor and home insurers were charging what the consumer watchdog called “excessively high levels of interest”.

Which? reveals insurer premium finance APRs

Research conducted by Which? has found that several motor and home insurers are charging what the consumer watchdog called “excessively high levels of interest on monthly payments.”

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