Paddick claims the market is behind him

The Institute of Insurance Brokers is claiming 90% of UK insurance broking practices do not want to j...

The Institute of Insurance Brokers is claiming 90% of UK insurance broking practices do not want to join the General Insurance Standards Council.
The IIB has mailed every UK insurance broking practice, asking them whether they would like to retain a self-regulatory body or join the GISC. Over 1000 firms responded in the first 10 days and returns are still being received, but 91.9% of respondents to date voted in favour of being regulated by a new IIB non-statutory administration. This would

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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