David Howden calls for better self-regulation across insurance
CEO of Howden Group, David Howden, has insisted MGAs, underwriters and brokers must work harder on self-regulation and call out bad behaviour when they see it.
Speaking at the Managing General Agent’s Association conference on 29 June, Howden stated that the insurance industry must flag poor behaviour.
He commented: “The trouble with regulation is it’s quite a blunt instrument and what it’s tending to do is not weed out the bad guys, it just slows down the good guys. It’s very difficult to get the balance right. It’s a challenge for us as a market and if you look at it in the context of MGAs, it’s interesting that there’s now going to be some sort of
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