GWP also increases following IPO float last year.
Hastings has posted a 27% increase in gross written premium (GWP) to £614.9m (2015: £475.4m) in its preliminary results for the year ended 31 December 2015. Operating profit also went up to £126.1m...
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”.
Test your knowledge of the week's news with our topical news quiz.