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uSwitch.com comment on BIBA's call for the FSA's to immediately review comparison site regulation

Edited by the Insidemoneytalk editorial team Jan 24, 2008

Nick White, Director of Products at uSwitch.com, the independent online price comparison and switching service,

responds to the British Insurance Broker's Association's (BIBA) call for the Financial Services Authority (FSA) to immediately review comparison site regulation: "Price comparison sites play an important role in helping consumers make complex decisions and help them to navigate a crowded marketplace to identify the best product for their needs whilst saving money.

We welcome any initiative that will result in increased consumer confidence and are happy to be actively involved in any consultations on this issue.

"uSwitch.com's car insurance comparison service asks for a comprehensive set of consumer details from the offset.

This enables us to offer one of the most accurate set of results available in the insurance comparison industry and provides consumers with actual quotes, not estimates.

The site also has the added benefit of filters for specific policy features which consumers can select such as cover for driving abroad, child seat cover and legal cover.

This enables consumers to understand the differences between each policy and ensures they do not have to pay for extra features that will not be used.".