David Worsfold.
NewRo may have lost the battle for interim control of broker regulation, but its financial strength will still make it a viable alternative to the IIB if it makes its intentions clear.
The current cessation of hostilities in the industry over the futureof broker regulation (and, in the short term, the Insurance Brokers
Registration Council) may give the market the opportunity to consider the
issue fully.
Since the government's announcement that it wanted to replace the present
semi-statutory and divisive system with a single self-regulatory approach,
panic, confusion and bitter division have been the order of the day.
One thing that should not be in any doubt is the ability of
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