Finger points at brokers as CHOs face potential collapse

The credit hire industry could be facing a tumultuous year with the threat of insolvency for some firms and a sharp fall in commission rates for brokers.

AI Claims commercial director Chris Shaw has warned that some models operating in the sector may be unsustainable, leading to forced consolidation or in some cases collapse with severe knock-on effects for brokers. He also argued that brokers were part of the ongoing problems between insurers and credit hire organisations (CHO) as the way

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