The language around accidental damage in regulator's policy document needs to be clearer says Biba CEO Steve White.
A Financial Conduct Authority (FCA) policy document outlining proposals for customers to choose add-ons rather than them being added automatically to policies could create confusion with regard to accidental...
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.