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Insight

FCA proposes 1.4% fee rise for broker block

The Financial Conduct Authority is consulting on raising levies from brokers by 1.4% in 2026/27 – double its annual budget increase – as it also laid out its work programme going into the second year of its five-year strategy.

Aviva to open US commercial lines branch in New York

Aviva is setting up an onshore surplus lines business in the US, based in New York City, with a target of starting to trade in the second quarter of this year in a move it claimed will strengthen its proposition for brokers and clients.

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