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Tag Archives: GI distribution chain

Posted in Market developments, Regulatory and legislative updates, UK

‘Open Insurance’: What does the future hold?

FCA’s Call for Input on Open Finance Open Finance refers to the extension of open-banking-like data sharing and third-party access to a wider range of financial sectors and products, including in the insurance market. The FCA highlighted in its recent market study on general insurance pricing practices (October 2019), that Open Finance and the increasing