ABI calls for broker remuneration transparency
James Dalton says it is only a matter of time before the FCA starts asking questions about the transparency of broker commission.
The Association of British Insurers (ABI) has said that broker commission represents a future reputational challenge for the insurance sector.
Director of insurance policy at the Association of British Insurers (ABI) James Dalton made the comments in a speech to the Chartered Insurance Institute (CII).
He stated: "[The area of] future reputational challenge is the potential for conflicts of interest to exist in the intermediation chain.
"In a world where SME customers are treated in a similar
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