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TOBA moves fail to calm brokers' soliciting fears

Fears that insurers will ignore industry principles that forbid them from soliciting brokers' business

Leading industry figures have expressed concern that insurers will ignore the new industry core principles for Terms of Business Agreements (TOBAs) which will forbid them from soliciting brokers' business.

The new guidelines, published by the British Insurance Brokers' Association (Biba), the Association of British Insurers (ABI) and the Institute of Insurance Brokers (IIB), include the specification that insurers should not attempt to solicit insurance business away from the broker during the

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GI AR numbers fall again

The general insurance and protection sector saw the biggest fall in the number of appointed representatives last financial year, the Financial Conduct Authority has calculated.

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