Survey - Cost of the countdown

Grant Thornton's aptly titled study 'Ready or Not?' - a survey of 350 of the UK's insurance brokers and the state of their preparations for general insurance regulation - is quite an eye-opener.

Ian Gorham, partner in the financial markets group at Grant Thornton, probably speaks for the whole of the broking community when he states in the introduction: "It would appear that the majority of firms are aware of regulation, but face problems such as finding expertise in short supply and uncertainty

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