"Golden age for brokers" as FCA cracks down on dual pricing
Consumer Intelligence CEO Ian Hughes points to opportunities for brokers as the industry deals with the "crack cocaine" of insurance, dual pricing.
The Financial Conduct Authority’s (FCA) crackdown on dual pricing could lead to a new golden age for brokers, according to Ian Hughes, chief executive officer of Consumer Intelligence.
He detailed that the regulator wants to see change in the industry and that brokers, if they do their jobs right and prove their value to consumers, would address many of the issues that the FCA is looking at.
Hughes told Insurance Age: “If they take advantage of this it’s a really good opportunity. For me as a
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