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Biba's call for regulation review draws mixed response from firms

The British Insurance Brokers' Association (Biba) call for a review of the Insurance Conduct of Busi...

The British Insurance Brokers' Association (Biba) call for a review of the Insurance Conduct of Business rules that apply to comparison websites has met with a mixed response from the industry's leading aggregators.

Biba claimed that research it had commissioned raised concerns that current Financial Services Authority (FSA) rules were inappropriate, as they had been finalised prior to the recent growth spurt witnessed in the aggregator market.

The research found that more than half of consumers

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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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