Dr Debra Williams

SSP Broker welcomes the Premium Finance Principles launched today by the Association of British Insurers. Consumer choice is critical in the insurance shopping and buying experience and offering choice over how to pay the premium is central to that.  Of course, the offer of finance to help support affordability needs careful consideration to ensure customers are treated fairly and we know there is already a big focus on this in the market. Fundamentally, today's announcement should be treated as an opportunity to embrace new technologies and ways of working with Open Banking being one such example. Premium finance is a vital cog in the Insurance eco system and the market needs to work together to ensure it remains so in line with the Principles outlined by the ABI.  https://lnkd.in/eRjUVhWx #premiumfinance #insurancebroking #tcf #consumerchoice https://lnkd.in/ewr8uszh

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As we transition from the working world into retirement, our financial perspectives undergo significant shifts. In this week's blog Goldsborough Adviser Craig Kirkwood explains the shift in perspective - and how a financial adviser can help to navigate this change.

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Despite all of the information on pensions and retirement the majority of consumers are still not actively participating in financial planning for their retirement. If you are in this number and want to get started but feel you need a helping hand, just get in touch with us at Prudent Financial. We aim to make the complex simple to help you. #prudentfinancial #prudentenvironmentalinvestments #wemakethecomplexsimple #investing #pensions #financialplanning #protection #ad

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Ross Chambers, our Director of New Business, Marketing and Brand, discusses the challenges and opportunities in 2024 so far. Read the full article below. ⬇ #BillingFinance #GettingYouWhereYouNeedToBe #Blog #AutomotiveInsights #MarketUpdate #VehicleFinance

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Car insurance premiums hit new high of £635. This is another record high, and a rise from £627 in the final three months of 2023, the Association of British Insurers (ABI) said. The high cost of car cover has led charities to warn MPs that some drivers are being forced to choose between buying food or insurance. However, the Q1 2024 rise of 1 per cent gives motorists some hope that the worst may be over when it comes to premium rate rises. https://buff.ly/3WJkLny

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🚘 📆 What to include in your Consumer Duty Implementation Plan, for the Motor Claims supply chain... For insurers, collaborating with your suppliers is vital for ensuring Consumer Duty principles are prioritised, embedded, and upheld at all ends of your claims process. 🎯 ⏳ Your Consumer Duty Implementation plan should form the foundation of this approach, highlighting your goals in detail - with concrete timescales, the actions required to achieve them, and how you'll measure their success. 🔎 In our free Consumer Duty guide, we highlight six key steps insurers can take to gain buy-in from their suppliers, and secure long-term collaboration in fulfilling the core elements of the FCA's Consumer Duty regulation. 📲 Download the full guide for free now: https://lnkd.in/eSc-eyB9 #ConsumerDuty #MotorClaims #CustomerOutcomes #BusinessImprovement #MotorInsurance #VehicleRepair #AccidentManagement #FCAConsumerDuty

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