Broking Break: Your top five of the week
Biba led the way with its response to the FCA’s renewal warning and brokers were intrigued by the regulator cancelling its client money review. QBE’s commission stance also grabbed a lot of attention.
5) Numbers plummet for Brightside in 2015Ebitda also dropped to £7m (2014: £9.2m) while the number of policies sold by 50,000 to "over 250,000". The figures were described by the business as "satisfactory in a very tough market".
Revenue for broker Brightside fell 15% to £59.4m (2014: £69.5m) according to its results for 2015.
4) Biba welcomes cancellation of client money reviewThe British Insurance Brokers' Association has welcomed the news that the Financial Conduct Authority
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