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Broking Break: Your top 5

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Brokers have been clicking on Insurance Age saving the day with Facebook, a departure from PIB, another takeover, the date of SMCR and who is on top of Allianz’s “hit list”.

5) FCA fails to stop clone broker on Facebook

Facebook confirmed that the page operated by scammers using Car Insurance 4 u’s details had been taken down following an investigation by Insurance Age.

This came after the Financial Conduct Authority issued a warning that fraudsters were using details of authorised motor broker Car Insurance 4 u in order to convince people they worked for a genuine company.

In an interview with Insurance Age Clive Jones, general

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ManyPets confirms social media clone

Pet insurance managing general agent ManyPets has confirmed a customer was contacted by an X account impersonating its brand and has issued a warning on how increasingly convincing scammers can appear.

Aviva responds to Direct Line’s £10.6m fine

Aviva has confirmed it was fully aware of the ‘historical’ accounting errors that have led to the Prudent Regulation Authority hitting Direct Line Group with a £10.6m fine and stated there will be no impact on the integration or the financial benefits it expects from the takeover.

PRA fines Direct Line underwriter £10.6m

The Prudential Regulation Authority has fined UK Insurance Limited, a subsidiary and principal underwriter of Direct Line Group and now part of Aviva, £10.625m for a miscalculation of its Solvency II balance sheet during 2023 and 2024.

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