The Co-operative Insurance has appointed Mark Summerfield as managing director.
He takes over from the current MD, David Neave, who will be leaving the role in mid-2013. Mr Neave announced his departure in December 2012 after seven years at The Co-operative. He will be pursuing...
Experts say that brokers taking on appointed representatives need to be aware of the "huge responsibility".
Businesses must have appropriate processes and supervision in place wherever the AR distribution method is used.
Biba boss highlights that with an appointed rep a firm “is lending its regulatory permission to someone else and with that lending its name”.
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