AMII says 'sign here' as IPT petition goes live

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AMII says 'sign here' as IPT petition goes live

The Association of Medical Insurers and Intermediaries (AMII)'s petition against Insurance Premium Tax has gone live.

The association announced the launch of a petition against rises in IPT at its recent AGM. IPT is now at 12%, one of the highest rates in Europe, on general insurance including private medical insurance premiums. Stuart Scullion, chairman of AMII, urged: "If we do not stand up and make our voice heard, there is a worry that the government will continue to increase IPT, and this could have a potentially catastrophic impact on industry. "I'm concerned that if we don't speak up now, IPT...

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