FCA fines / 2021 / Lloyds Bank General Insurance Limited, St Andrew’s Insurance Plc, Lloyds Bank Insurance Services Limited and Halifax General Insurance Services Limited

Lloyds Bank General Insurance Limited, St Andrew’s Insurance Plc, Lloyds Bank Insurance Services Limited and Halifax General Insurance Services Limited FCA fine

RegActions records a disclosed FCA monetary penalty of £90,688,400 dated 8 Jul 2021 for Lloyds Bank General Insurance Limited, St Andrew’s Insurance Plc, Lloyds Bank Insurance Services Limited and Halifax General Insurance Services Limited.

Case facts

Firm or individualLloyds Bank General Insurance Limited, St Andrew’s Insurance Plc, Lloyds Bank Insurance Services Limited and Halifax General Insurance Services Limited
RegulatorFinancial Conduct Authority (FCA)
Date8 Jul 2021
Penalty£90,688,400
RegActions breach classificationFINANCIAL_PROMOTIONS
Public case ID158fee16-a6af-4c7e-a195-5e6758968d1e

Case summary

This Final Notice refers to breaches of PRIN 3 and PRIN 7 related to communications with customers in the general insurance and protection sector. We imposed a fine.

Official evidence

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Scope

This page describes one source-linked monetary record. RegActions excludes non-monetary outcomes and amounts awaiting review from FCA fine totals. The FCA publication remains the authoritative source.