Managing director says the complexity and difficulty of the FCA’s pricing rules may push smaller brokers to seek acquisitions from bigger firms
The insurance industry needs to “get their act together” while the FCA clamps down on price walking and fair value, as the regulators upcoming influx of data will “pick up [businesses] if people are not doing what they are supposed to be doing”, said Sicsic Advisory managing director Michael Sicsic.
This article is usually available exclusively to subscribers.
For a limited period, you can enjoy all the benefits of an online subscription free for 14 days. Sign up now to read this article in full and to enjoy unlimited access to premium online content, a digital edition of the latest issue, plus an online archive of back issues.
Also, as a registered user, you will be able to -