Update on the CMA PNCD Information Order
The Competition and Markets Authority (CMA) PNCD Information order comes into force on 1 August 2016. Here at Aviva, we’ve been working closely with Polaris, Software Houses and other Insurers to support and drive a consistent approach to the changes.
We strongly recommend that all you familiarise yourself with the details of the order, as you’ll be required to demonstrate your compliance and complete an annual submission to the CMA.
A few points to note:
- From mid-July, we’ll let you know what our 2015 Average NCD levels were.
- We’re intending to go live with the introduction of the new PNCD information during July across Software Houses and E-Services, for both new business and renewals.
- Where you host a web quote and buy facility please make sure your provider has made the necessary changes to meet the order.
If you have any questions about this, please contact your Aviva sales manager.
*Please note, you need to be a BIBA Member with an active login to their website to view this article.
Post a comment
Please Log in to post a comment.
Log in to save this page to your favourites.