Conflict management key to disclosure outcome

Much has been said about hard disclosure in this edition. To recap, some company market insurers are...

Much has been said about hard disclosure in this edition. To recap, some company market insurers are aggressively lobbying for it, the London market is even more hell bent on it, as are the brokers under a three-line whip from New York. Distributors with underwriting agencies do not care as they could shunt money around to make it look right to the regulator, which leaves the provincial broker as hard disclosures' main opponent.

At Professional Broking's October roadshows the Financial Services

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FSCS gives first insight on increasing levy to £394m

The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.

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