Trade bodies back broker diversity campaign’s drive

Keating Croft and White
Chris Croft (Liiba), Mike Keating (MGAA) and Steve White (Biba)

The leaders of Biba, the MGAA and Liiba have reaffirmed their commitment to support increasing diversity in the market as Insurance Age launches the Broker Diversity Push – Gender Leadership Gap campaign.

The campaign has called on the British Insurance Brokers’ Association, the Managing General Agents’ Association and the London & International Insurance Brokers’ Association to investigate creating a broking industry benchmark and ways of working together to tackle the gap.

The belief is that what gets measured gets done.

A Freedom of Information request to the Financial Conduct Authority has shown only 15.7% of people in six key senior management function roles as approved by the regulator

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The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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