Biba and IIB liaise on transparency
Both broker trade bodies have responded in detail to the discussion paper DP08/2 – ‘Transparency, disclosure and conflicts of interest in the commercial insurance market’ and have made known to the FSA their strong views against the imposition of mandatory commission disclosure.
Ann Peel, the IIB’s head of technical services said: “There is a great deal of common ground between the broker trade bodies on this and the FSA seems receptive to the possibility an industry solution. If we provide more
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
Most read
- Claims experts urge brokers to be more transparent and interactive with clients
- People Moves: 27 June - 01 July 2022
- Football clubs step up BI court case against insurers
- Insurtech and ESG suggested to be FCA’s next regulatory focus
- Blog: Business interruption – three essentials for brokers to get right
- Coalition targets being core market player with broker only UK cyber insurance launch
- Brokers call for better claims communication from insurers