Wallace: BIBA's voice stronger than IIB's.

Ken Wallace, Norwich Union intermediary director, hinted the Institute of Insurance Brokers is losin...

Ken Wallace, Norwich Union intermediary director, hinted the
Institute of Insurance Brokers is losing its voice in the new regulatory
environment.


Mr Wallace said: "Norwich Union is playing a lead role as the industry
moves into a regulatory environment. I am in full discussions with the
British Insurance Brokers' Association and the discussions I have with the
IIB are not so frequent or as in-depth. I have to say the majority of my
ongoing discussion will be with BIBA."


BIBA and the IIB are now the

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FCA warns on Tempcover clone

The Financial Conduct Authority has issued a warning of fraudsters trying to scam people by pretending to be short-term car insurance specialist broker Tempcover including on TikTok.

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