Risk appetite still driving MPPI take-up, claims AMI

AMI says more than a third of respondents (36%) identified risk appetite as the single most influential factor in clients' decisions to take out MPPI. Other factors for selecting the insurance included concerns over employment status (30%), past experience (13%), and whether or not clients were first-time buyers (5%). Findings illustrate mortgage intermediaries' views on MPPI sales five months since regulation of the general insurance industry under the Financial Services Authority (FSA). The AMI says its research reveals 81% of intermediaries believe FSA regulation has not affected MP...