BIBA Research Reveals 70per cent Increase in Regulation Costs for Small Insurance Brokers
January 17, 2017
January 17, 2017
LONDON, Jan. 17 -- The British Insurance Brokers' Association issued the following news release:
The British Insurance Brokers' Association (BIBA) has called for the Financial Conduct Authority (FCA) to prioritise cost-effective supervision following a 70per cent increase in regulation costs for small brokers. Extensive new research, conducted by London Economics has shown that in the last three years the cost of compliance for small general insurance brokers has increased from 4p . . .
The British Insurance Brokers' Association (BIBA) has called for the Financial Conduct Authority (FCA) to prioritise cost-effective supervision following a 70per cent increase in regulation costs for small brokers. Extensive new research, conducted by London Economics has shown that in the last three years the cost of compliance for small general insurance brokers has increased from 4p . . .