Regulation Zone

The recent announcement that the Financial Services Authority fined Paul Harrison, former chief exec...

The recent announcement that the Financial Services Authority fined Paul Harrison, former chief executive of Berry Birch & Noble Insurance Brokers (BBNIB) £17,500 for failing to implement proper systems and controls to ensure that customers' money held by the firm was adequately protected reiterates the fact that brokers must be on the ball when it comes to regulation.

Numerous brokers have been helped on Insurance Age's Regulation Forum after receiving FREE advice from our panel of experts.

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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