CPP CEO Escott warns brokers about PE snubs if they ignore regulation
Insurance businesses need to “embrace” regulation or face tough consequences if they continue their current “amateurish” practices. Not least the fact they will struggle to sell a business if their compliance is not up to scratch, says CPP's Brent Escott.
Those are among the stark warnings from CEO Escott, who has had a closer relationship than many will ever have with the new regulator, following the business's record £10.5m mis-selling fine
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