Our Terms of Reference set out why we are doing the market study, its scope, the key issues we'll explore, the potential outcomes that our work might lead to, and our next steps.
Read the proposed Terms of Reference (PDF)
This market study is relevant for a range of parties including:
We are launching this market study because:
We have published an Update paper for the Premium Finance Market Study (PFMS). This paper summarises the initial findings of the market study, launched in October 2024 as part of our wider work on motor and home insurance. Alongside this we have published 3 papers that provide details of our initial findings:
As part of the process to further develop our findings, we invite you to share your views on the issues set out in these papers. Please provide any views, as well as directing any other queries on the market study, to [email protected] by 5pm on Tuesday 30 September 2025.
As the market study progresses, we plan to carry out further analysis to better understand the nature of competition within the premium finance market.
We will actively engage with firms, industry groups, and stakeholders across the premium finance market to gather their views, which will support our ongoing work. We aim to publish our final report around the end of the year.
