Network says income from commission and fees has increased to £9.5m.
Ten Insurance, a network with independent commercial brokers as members, has reported that its 2015 income from commission and fees has grown to £9.4m, up from £7.1m in 2014. The organisation described...
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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