Insurer posts best underwriting profit for six years.
Ecclesiastical has reported an 11% jump in pre-tax profits to £53.6m for 2015, from £48.2m the year before. The insurer highlighted that its underwriting profit of £15.9m (2014: £10.7m) was the best...
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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