Brokers optimistic of LEI growth in 2018 but wary of regulatory challenges

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Survey of brokers conducted at Insurance Age’s Broker Expo.

Legal expenses insurance (LEI) is a growth opportunity for brokers, according to a survey by MSL.

However the company flagged that too much regulation risks reducing the number of brokers wanting to distribute this form of cover.

According to the firm such an outcome would put a spanner in the government’s plans to broaden the reach of LEI following reforms to personal injury.

MSL, part of the Drive Further collective, which provides legal expenses insurance and motor claims services

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