Let's Give The Insurance Industry An Enema
- Thread starter jcb
- Start date
Initiate a Parliamentary enquiry into the UK Insurance Industry
The UK Insurance Industry currently operates under policies and practices which are in direct contrast to the interests of its customers.
The practice of involving multiple entities in any single claim or transaction creates unnecessary and often huge costs which are passed on to the policy holders or their insurer. Cases are often settled to avoid these costs inspite of no fault situations.
This is perpetuating insurance fraud and a litigious culture
The UK Insurance Industry currently operates under policies and practices which are in direct contrast to the interests of its customers.
The practice of involving multiple entities in any single claim or transaction creates unnecessary and often huge costs which are passed on to the policy holders or their insurer. Cases are often settled to avoid these costs inspite of no fault situations.
This is perpetuating insurance fraud and a litigious culture
Signed. I'm fed up of insurers pulling a figure out of the air. insurance is getting more and more expensive and giving less and less service.
xpoweruk
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