Regulation ‘bigger threat’ to brokers’ business than Covid-19

increasing costs

Brokers react as the FSCS supplementary levy turned the dial on increasing costs amid a landscape strewn with professional indemnity struggles and Covid-caused complications

The hike in FSCS levy fees has hit the broking sector hard. Insurance Times explores how brokers have reacted to the increases and what the business impact has been, as well as what solutions may be available. 

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