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Allianz's Tony Newman responds to increase in Claims Management Companies fees

News   •   Mar 08, 2019 16:07 GMT

Tony Newman, Head of Motor Claims, Allianz Insurance

Allianz's head of motor claims, Tony Newman commented:

"The fact of the matter is that regulation has to be funded and it’s an operating cost many businesses have to cover. The new fees are scaled and were set too low and the consequence has been insufficient regulatory control that left the consumer exposed. A better regulated more professional market that protects consumers should be welcomed."

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