Research finds that more guidance is needed ahead of August 2016 implementation.
Over two thirds of brokers feel that insurers have not provided enough guidance around the upcoming Insurance Act, according to the Q1 Broker Pulse. The research was conducted among 60 brokers by insurance...
Calm called for as insurers insist it will be "business as usual" and Biba pledges to represent brokers in Brexit negotiations.
Brokerbility chairman appeals for calm and says brokers need to watch how the insurers will react.
Chris Cowan at market research specialist Clusters outlines five things brokers can do to better understand their clients.
The loss of these rights could see insurers being forced to restructure and face large operational, regulatory and tax costs as they adapt to such a change.