Analysis

Brokers set to be ‘squirming’ as FCA fixates on product value

By 2021-07-02T11:34:00

stack of sterling money magnify glass

Large insurers and price setting brokers ’have got a lot of work to do’ ahead of the GI pricing reform implementation deadlines, says compliance expert

While the FCA’s price walking rules apply to home and motor insurance, it is the specifics around product governance, value and distribution that will be of concern to commercial brokers, according to Branko Bjelobaba, principal of compliance firm Branko.

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