A leading insurer has slammed the prospect of any government intervention that would force insurers to participate on aggregator sites, saying it would end up being a 'costly and invasive' form of market intervention.
A major premium funder has outlined its priorities going forward including helping brokers boost business and better leveraging its platforms, as well as revealing some of the offerings it has in the pipeline.
An insurer will need to shell out another $210,000 following its over-collection of the Victorian Fire Services Levy during 2012 and 2013, after agreeing these funds should have ideally been refunded directly to customers.
Most competitive market ever experienced
Who should insurers refund the Victorian fire services levy over-collection to?
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