Politicians and Biba criticise FCA for burden of regulation on insurance brokers.
Craig Tracey, Conservative MP for North Warwickshire, has warned that smaller brokers are being pushed out of existence because they have to spend too much time and money on regulation. Tracey, who previously...
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.