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. 

Read more…

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

Register now

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Top level access to our Five Star service ratings across our annual Personal Lines, Commercial Lines, eTrading and MGA reports.
  • A choice of daily and weekly email newsletters that suit you, to keep informed of news across the industry directly to your inbox.

As a subscriber you will benefit from unlimited access to our news and news analysis, magazine editions, special supplements, exclusive research reports and full access to the Five Star service rating microsites - view subscription options.