The Chartered Insurance Institute is to develop guidance for professionals working with victims of economic abuse. The move follows the release of a report by Surviving Economic Abuse highlighting the impact of some insurance policies on victim-survivors of economic abuse.

Matthew Connell (pictured), director of policy and public affairs at the CII, said: “The report raises significant issues for insurers and advisers, and we will work with members to update our materials, to reflect the insights shared in this report.

“The Consumer Duty places a high priority on the treatment of potentially vulnerable groups, and this report will allow us to evolve our support for members on the implementation of Consumer Duty guidelines.”

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