‘If you do not wish to offer protection advice, refer it’
Insurance brokers have raised concerns about Financial Services Authority (FSA) plans to increase their compensation threshold under the Financial Services Compensation Scheme (FSCS).
Given the Financial Ombudsman Service's (FOS) desire to see larger caseload contributors paying a greater share of the costs, do you think this heralds a focus on smaller companies well being from regulators?
The British Insurance Brokers' Association (BIBA) will focus on 'proportionate and cost effective regulation' for members its 2012 manifesto has said.
Groupama is to sell its UK operation as the French insurer scrabbles to raise funds to shore up its EU debt position.
The British Insurance Brokers' Association (BIBA) has launched a sanctions checking facility to help members comply with the Terrorism Act and the FSA financial crime requirements.
The British Insurance Brokers' Association (Biba) should be the trade body for all forms of intermediation and not limit itself to brokers according to its new chairman, Andy Homer.
The British Insurance Brokers' Association (Biba) has called on insurers and regulators to take more responsibility for their products if they want them sold by non-professional brokers.