Brokers battle over Brexit
Biba and most insurers back remaining in the EU, but would leaving benefit smaller brokers?
For the second time in just over 40 years United Kingdom citizens will decide on the nature of their relationship with Europe in a referendum. Prime Minister David Cameron announced 23 June as the date for the momentous vote after he negotiated reforms to the workings of the union with his European counterparts.
But from a purely business point of view, is it in the interests of brokers for the UK to stay in or leave the EU?
Biba not backing Brexit
The British Insurance Brokers’ Association 2016
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