Creditor Insurance - UK - November 2011
“The PPI market is facing very trying times as consumers have been bombarded with negative press regarding the mis-selling scandal. This has been a contributing factor in many feeling that the product is inherently flawed. However, PPI has a role to play in protecting credit and loan arrangements and with some careful management and creative thinking there is a chance that the product could see its reputation and use somewhat restored.”
– Stephanie Seenan, Financial Services Analyst
Some questions answered in this report include:
- Will people still buy PPI despite the publicity surrounding the mis-selling it?
- Can the creditor insurance market conquer the challenges it currently faces?
- How does the macro environment impact on the PPI industry?
- Will the point-of-sale ban signal the death knell for the PPI industry?
- What are providers doing to address the challenges that they are facing
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