Age and disability will not go the same way as gender - ABI

clock

The ABI has said it is "extremely confident" age and disability pricing factors will not go the same way as gender with the incoming EU Equal Treatment Directive.

Nick Kirwan, assistant director of protection, said the body was working hard to ensure wording around age and disability in the current directive draft was not open to the same legal conflict the Gender Directive suffered.

He said: "In hindsight there were many flaws in the wording of the gender directive. For example, clause one and two conflicted and left it open for Belgian consumer body Test Achats to challenge it.

"The UK has its own equality act but European law trumps it. We have been strongly involved from the outset of this equal treatment directive drafting to ensure the wording is clear and unconflicting around age and disability."

Kirwan said Test Achats had brought cases on age to court at national level in Belgium and it would be "interesting" to see the outcome.

He added if there was a future where age and disability were removed from pricing the impact would be significant and much bigger than gender neutrality.

"I do not want to go through our involvement process in the drafting in detail because that would be inappropriate but we have a whole European team focused on this," Kirwan said.

Phil Jeynes, head of account development at PruProtect, said gender neutral pricing was not in the interest of all consumers.

He said: "Age and disability being removed from pricing is way off in the distance now but it was not so long ago we thought the same about gender. It would be foolish not to consider the reality of this."

Kirwan presented on the issue at an Infoline conference yesterday.

Author spotlight

Nicola Culley

More on Regulation

PFS turmoil continues as interim CEO Don MacIntyre exits

PFS turmoil continues as interim CEO Don MacIntyre exits

Organisation has been at loggerheads with CII

Jenna Brown
clock 05 November 2024 • 2 min read
Implications of the PRA's 2025 life insurance stress test

Implications of the PRA's 2025 life insurance stress test

A regulatory shift

Sheikh Yasir
clock 01 November 2024 • 4 min read
Industry reacts: Autumn Budget 2024

Industry reacts: Autumn Budget 2024

Missed opportunities for health

Cameron Roberts
clock 31 October 2024 • 5 min read

Highlights

COVER Survey: Advisers damning of protection insurer service levels

COVER Survey: Advisers damning of protection insurer service levels

"It takes longer than ever to get underwriting terms"

John Brazier
clock 12 October 2023 • 5 min read
Online reviews trump price for young people selecting life and health cover

Online reviews trump price for young people selecting life and health cover

According to latest ReMark report

John Brazier
clock 11 October 2023 • 2 min read
ABI members with staff neurodiversity policy nearly doubles

ABI members with staff neurodiversity policy nearly doubles

Women within executive teams have grown to 32%

Jaskeet Briah
clock 10 October 2023 • 3 min read