AR move unpopular with brokers
Appointed representative status will not be popular with brokers, according to Paul Dyer, marketing ...
Appointed representative status will not be popular with brokers, according to Paul Dyer, marketing director of Towergate.
Dyer predicted that the number of ARs will be low. He said multi-principal partnerships are not likely, as principals would fight over who should take final responsibility. He said insurers are also unlikely to go down the AR route, as the infrastructure for many ARs would be complex and expensive.
Dyer said networks are looking at the ARs, but the cost of providing compliance
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