In-depth - wholesale: Are wholesalers giving retail brokers a fair deal?

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It has nearly been a year since the publication of the Financial Conduct Authority’s (FCA) final report for its Wholesale Insurance Broker Market Study

Three areas of concern were highlighted in the report – firms’ management of conflicts of interest; the information firms disclose to clients; and contractual agreements between brokers and insurers, where there’s a risk of limiting competition. 

So, has the market addressed the regulator’s concerns?

Shifting sentiment
John Needham, partner

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