FCA has published a feedback statement to its discussion paper on general insurance add-ons. FCA has decided to pursue the “scorecard” option as the preferred approach. The scorecard will include claims frequencies, claims acceptance rates and average claims payouts, potentially with the inclusion of an average premium metric. FCA prefers publication as a market transparency remedy, rather than point of sale disclosure to consumers. A year-long pilot of this option will be launched in the summer on a limited number of products. (Source: FCA feeds back on general insurance value measures)