Trade bodies urged to stick to same path

different-paths

Worry over dual approach to regulatory future

Brokers have called for their trade bodies to represent them with a united front in the wake of the Tory's proposals to scrap the Financial Services Authority (FSA).

The Conservative White Paper, From Crisis to Confidence: Plan for Sound Banking, has raised concerns with brokers over plans to raise costs, fragment regulation and pass responsibility for regulation over to the Bank of England.

The British Insurance Brokers' Association (Biba) and the Institute of Insurance Brokers (IIB) have been

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The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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