FCA issues Dear CEO letters to insurance firms

January 2022

FCA issues Dear CEO letters to insurers and insurance intermediaries – multi-occupancy buildings insurance 

In Dear CEO letters to insurance firms and brokers, the FCA has outlined work it is carrying out in the insurance market for multiple-occupancy residential buildings.  It has also responded to a letter from the Department for Levelling Up, Housing and Communities (DLUHC) on this issue.  The Dear CEO letters are a response to a request in the letter from the DLUHC for the FCA to review the availability and cost of buildings insurance for multiple-occupancy residential buildings.

This work will be done with the Competition and Markets Authority where appropriate.

For more information read here.

Back to news...