The ABI believes that the Competition and Markets Authority (CMA) has, in general terms, developed a proportionate and workable package of proposed remedies to address the adverse effects on competition (AEC) the private motor insurance (PMI) investigation has identified.
This paper focuses on the ABI's response to the CMA's private motor insurance market investigation and provisional decision on remedies.
• Measures to improve claimants' understanding of their legal entitlements.
• Separation of cost liability and cost control.
• Possible under provision of service of those involved in accidents.
• Most favoured nation clauses in price comparison websites and insurer contracts.