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Aggregators see potential in Biba membership

The British Insurance Brokers' Association (Biba) has made a surprise addition to its ranks by welco...

The British Insurance Brokers' Association (Biba) has made a surprise addition to its ranks by welcoming aggregator Gocompare.com as a member.

The move followed months of lobbying by Biba for more effective regulation of comparison sites.

Eric Galbraith, chief executive at Biba, said: "Gocompare.com is leading comparison sites by providing consumers with clear information on policies."

He added that Gocompare.com offered guaranteed premiums, used facts as the basis for quotations rather than

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Michael Sicsic, the founder and MD of Sicsic Advisory, tackles whether the Financial Conduct Authority is as active in the market as ever, what the regulator is pushing for on premium finance, and poses the key question brokers need to be ready to answer.

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