Mazars report reveals broker merger reluctance

Accountants Mazars' second annual Insurance Broker Industry report has found that 52% of brokers wil...

Accountants Mazars' second annual Insurance Broker Industry report has found that 52% of brokers will not consider a merger.

The survey of 217 chief executives, directors and senior managers at UK brokers, conducted in association with the British Insurance Brokers' Association, also revealed that joining a network is not a popular option, with 57% of respondents refusing to consider joining one.

However, 95% of respondents predicted there would be a fall in the number of broker firms in the next

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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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