IIBRC aims to rival GISC
The Institute of Insurance Brokers has confirmed the new name for its regulatory body launched today...
The Institute of Insurance Brokers has confirmed the new name for its regulatory body launched today which is designed to compete with the General Insurance Standards Council — the Institute of Insurance Brokers Regulatory Council, or IIBRC.The new regulator will regulate insurance brokers only. Direct dealers, tied agents and retailers who sell insurance as a sideline cannot join, in contrast to the GISC.
The new regulator is based on the defunct Insurance Brokers' Registration Council
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