Chief ombudsman & chief executive, Caroline Wayman, attended the ABI annual conference yesterday to take part in a panel discussion on the strategic and reputational challenges for insurance and long-term savings in 2021.

The panel discussed the role insurance and long-term savings providers can play in addressing the strategic challenges facing the UK economy as it recovers from the social and economic impacts of the Covid-19 pandemic.

As part of the discussion, Caroline spoke about some of the challenges consumers and businesses have faced during the pandemic, and the complaints we’re seeing. She also spoke about the importance of clarity and transparency for insurance policies and the need to ensure customers have a clear understanding what they’re covered for. 

You can find more information about complaints resulting from Covid-19 and the impact on consumers and SMEs in the links below.

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Complaints jump by 40% year on year

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The number of financial complaints we received in the first half of 2024 rose by over 40%.

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Don’t let wedding woes ruin your big day: check your insurance now

17 October 2024

Couples planning the most important day of their lives risk severe financial penalties if they take out insufficient cover or do not understand their policies.

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