General Insurance Article - Ageas responds to the ABI proposal for customer clarity

 Responding to the ABI General Insurance Committee on its renewal pricing proposal, Andy Watson, CEO of Ageas UK said:

 “Ageas is supportive of the ABI proposals to ensure pricing is clear for customers. We agree that documentation should be transparent on pricing and discounts applied so that customers are able to understand annual changes in their premiums. However, as a market we must move as one and at the same time in order to achieve real customer benefit and this proposal highlights the need for insurers, brokers and other suppliers to work together to implement any change."