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FCA: A roadmap for brokers through Covid-19

Coronavirus

The regulator exclusively spoke to Insurance Age for the Broker Extra event.

The Financial Conduct Authority has outlined the steps brokers should take to operate effectively and fairly throughout the coronavirus pandemic.

The ongoing outbreak has seen brokers faced with helping clients with business interruption queries, difficult trading conditions, new rules around premium credit and working from home.

Matt Brewis, director, General Insurance and Conduct Specialists at the watchdog, told Insurance Age: “The test of impact on business continuity has really been one

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imarket adds another MGA to portfolio

Industry-owned imarket has pushed further into the managing general agent sector with Chapman and Stacey Underwriting launching a liability product onto Open GI’s platform via its service.

Interview: Allianz’s chief distribution officer Nick Hobbs

Nick Hobbs, chief distribution officer at Allianz UK, tells Insurance Age about the importance of the provider’s regional footprint now including broker hubs, the challenges of the soft market and its MGA appetite as well as the ongoing investment in technology and goals for 2026.

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