Govt calls for closer ties with insurers

In a publication from the Insurance Industry Working Group (IIWG) into the medium and long-term challenges facing the insurance sector, the Government confirmed its desire to maintain a competitive industry. The IIWG, co-chaired by Chancellor Alistair Darling and Andrew Moss, group chief executive of Aviva, says the UK should be a leading insurance centre by 2020, with a deep customer relationship and close ties to Government. Government, insurers and the FSA need to work more closely to promote good financial education among the public and should take steps to improve transparency an...