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IIB planning to launch IBRC Ltd in May 2001.

The Institute of Insurance Brokers is gearing up to go live with its self-regulatory professional bo...

The Institute of Insurance Brokers is gearing up to go live with its
self-regulatory professional body IBRC Ltd on 1 May 2001, the day after
the Insurance Brokers (Registration) Act is finally repealed.


At the beginning of last month, the IIB announced that it had set up a
company limited by guarantee to perform the functions of a regulator
following "substantial broker demand" for an alternative to the General
Insurance Standards Council.


In its statement, the IIB said it would be "continuing the

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