July update on the CMA PNCD Information Order

As we advised in last month’s article in The Loop, The Competition and Markets Authority (CMA) PNCD Information order comes into force on 1 August 2016. What do you need to do in order to comply with the order?

If you haven’t already, then we recommend you familiarise yourself with the details of the order and the recent updates published by Polaris and BIBA*.

A few important points to note:

To assist you with your own submission to the CMA we’ve attached our 2015 average NCD table below. This will also be evident in the new CMA PNCD information when these go live and we’ll also be adding these to our relevant Product pages on Aviva broker shortly for future reference

Number of years NCD                                       Average NCD Discount in 2015

1 year                                                               42%

2 years                                                             45%

3 years                                                             48%

4 years                                                             51%

5 years or more                                                 57%


We’re rolling out the new PNCD information for new business and renewal invitations across the following dates:

  • Exceed and E-Services – 24 July 2016
  • Software Houses – 27 July 2016. Note – depending on the SWH in some instances the PNCD information will only generate when the quote effective date is on or after the 1st August


Polaris have recently issued some guidance to brokers on instances where the Implied price of PNCD should be recalculated. Your Software House will advise you on how these cases should be treated to achieve the correct outcome.

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.


**Please note, you need to a registered user of the Polaris website to view this

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