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Select committee: Financial Services Regulation Committee

Conclusion 34

2nd report - Home and travel insurance regulation: more for the FCA to do Published 23 Oct 2026 Paragraph 150

Financial Services Regulation Committee Regulation of the consumer insurance market All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗

Conclusion (the committee's words)
As part of its review, the FCA should assess whether reporting at brand level and additional measures, such as time taken to pay claims, would provide meaningful information for supervision and consumers, and could be used by distributors during the sales process to support competition based on product value.

From: Financial Services Regulation Committee, 2nd report - Home and travel insurance regulation: more for the FCA to do, paragraph 150, 23 October 2026

Government response

Government response awaited: deadline 23 December 2026.