FCA reveals financial resilience of brokers amid Covid-19

UK money

Nearly half of brokers surveyed as part of the Financial Conduct Authority’s (FCA) poll into the financial resilience of firms believe that coronavirus will have a negative impact on their business model.

The results showed that 48.2% of respondents said the impact would be negative. A further 48.4% said there would be a neutral impact. Meanwhile 3.4% predicted a positive impact from the pandemic.

The FCA surveyed 23,000 solo-regulated firms and received responses from 3,370 insurance

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: