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Each week, as I read an insurance publication, my heart sinks deeper. I have a small, but more than...

Each week, as I read an insurance publication, my heart sinks deeper.

I have a small, but more than 100-year-old insurance brokerage in Cheshire and personally have 50 years of experience in the industry, of which, 25 have been in broking.

I now read that the Financial Services Authority is to demand a further £50m from insurers, in addition to £20m for the Ombudsman Scheme. The fees to brokers are said to be 'appropriate' but can only be designed to eliminate all but the larger insurance brokers

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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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