Insurance Cares: When complying can be rewarding

tim-ryan

Tim Ryan, chairman at Ryan's, discusses the benefits of protecting vulnerable customers and urges brokers to change their thinking.

Along with Brexit planning and data management, putting in place safeguards to protect vulnerable groups is one of the biggest challenges we as insurance brokers face today.

However, it can also be one of the most rewarding. This goes beyond regulation and into the realms of moral responsibility. It’s a case of treating people as you would like to be treated.

As a sector in the business of providing products which ‘protect’ we should be leading the way when it comes to looking after the

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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