Brokers speak out on regulatory burden

drowning-red-tape-regulation

MP reopens debate over the effect of increasing regulation on small brokers

The burden of regulation could push smaller brokers out of the insurance market, industry experts have warned.

The universally held view is that the broker market is shrinking. The discussion was brought back into focus by Craig Tracey, Conservative MP for North Warwickshire, in a recent debate about regulation and the Financial Conduct Authority in the House of Commons.

Debating regulation

Craig Tracey, Conservative MP for North Warwickshire (pictured right), took part in a debate about

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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