Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he has had recent discussions with (a) regulators and (b) other relevant stakeholders on (i) the use of tracking apps by car insurance companies and (ii) ensuring that consumers are able to identify which products require the use of such apps when procuring car insurance products.

Insurers should treat customers fairly and firms are required to do so under Financial Conduct Authority (FCA) rules. The FCA is an independent body responsible for regulating and supervising the financial services industry, including insurance.

The FCA requires that an insurer must give information to a consumer about the terms and conditions of insurance products in a comprehensible form to enable them to make an informed purchasing decision.

The Government regularly engages with both the FCA and insurance industry stakeholders.