IFB investigating broker options
The Insurance Fraud Bureau (IFB) is investigating the possibility of building a bespoke broking fraud model, sister title Post has revealed.
According to the article, the IFB met with 14 broking bosses at the recent British Insurance Brokers' Association conference to look at options.
At present the IFB works with 44 firms, of which only a handful are brokers, but the potential cost of developing a new individual bespoke model for brokers next to the current one-size-fits-all insurer construct could be a major problem.
IFB director Ben Fletcher told Post: "One of the challenges the IFB has is making a scalable model. We're collating
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