article_snippet: But just under a fifth of customers are not even aware customers have customers, according to The FCA.
article_snippet: Christopher Woolard, director of strategy and competition at The FCA said:
article_snippet: According to a separate study by the Competition and Markets Authority just 5pc of premiums collected from customers who take out personal injury insurance alongside motor insurance is paid out in claims.
article_snippet: Hugh Savill, director of regulation at industry lobby group the Association of British Insurers said the Association of British Insurers supported the proposed ban.
article_snippet: the Association of British Insurers said:
article_snippet: The FCA said The FCA will consult with consumer groups and financial companies on the proposed changes until June 25.