Ban Most Favoured Nation clauses


The insurance market continues to suffer from a restriction in pricing that if removed, would permit firms to lower prices to better reflect distribution costs. This restriction is applied through ‘Most Favoured Nation clauses’ (MFNs) on price comparison websites (PCWs) which prevent firms from offering their product at a lower rate elsewhere than it is offered via a PCW.

If brokers were able to reflect the lower cost of distribution that apply from different distribution channels this is likely to result in premium levels being driven by free competition. 

Currently the CMA has an investigation open



BIBA would encourage the FCA to liaise with the CMA to bring about a total ban on these clauses.

BIBA has more than 1,800 individually FCA regulated firms registered as members. 

With more than 600,000+ enquiries through our
Find Insurance services in the last year.