53% Think Hitachi will suck up all GI business

Last week MS exclusively revealed that Hitachi Capital and Advent Solutions Management are to launch a joint venture called Securah, selling mortgage payment protection insurance.

We asked you whether the launch of Hitachi’s MPPI product would result in it sucking up all general insurance business in the sector and the ayes had it, with some 53% saying yes.

This week MS asks: “Is the practice of offering a limited panel of 11 lenders in keeping with Financial Services Authority guidelines?”