Emeritus Prof Christopher May on Nostr: Insurance is exemplary of the dysfunctional model of UK capitalism; soaring premiums ...
Insurance is exemplary of the dysfunctional model of UK capitalism; soaring premiums are matched by plunging service satisfaction, with nearly half of all claims involving claims handling problems;
Rocio Concha (Which?) concludes:
'At a time when many consumers face soaring premiums, it’s clear they’re being ripped off — either by abysmal claims handling that doesn’t match up to the price they’re paying, or by unjustifiably high premiums'!
Its past time to crack down on bad practice!
h/t FT
Published at
2024-07-23 05:31:38Event JSON
{
"id": "dfe4aa694bb22ef97ee6766459f3e21a5d0f681a84539a570816efa59b81eba6",
"pubkey": "b8de67a365b436ce300eb1049973026143f99e3d3712b326f302b7d6f49a2902",
"created_at": 1721712698,
"kind": 1,
"tags": [
[
"proxy",
"https://zirk.us/users/ChrisMayLA6/statuses/112834163424250264",
"activitypub"
]
],
"content": "Insurance is exemplary of the dysfunctional model of UK capitalism; soaring premiums are matched by plunging service satisfaction, with nearly half of all claims involving claims handling problems; \n\nRocio Concha (Which?) concludes:\n\n'At a time when many consumers face soaring premiums, it’s clear they’re being ripped off — either by abysmal claims handling that doesn’t match up to the price they’re paying, or by unjustifiably high premiums'!\n\nIts past time to crack down on bad practice!\n\nh/t FT",
"sig": "55a3ba835865f5fc74521091d4d3c05324dd9e125ddd5cf5e641a1c6eac42a09d553d2a3c25910acd9660324c5a253fad90036aa61151636cfa85b0bd2475a19"
}