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BIBA calls for market solution for commission disclosure

At its annual conference in Glasgow, the British Insurance Brokers’ Association has called on the industry to support a market solution to resolve the Financial Services Authority’s issue on transparency, disclosure and conflicts of interest in the commercial insurance market.

During his opening address to conference, Biba chief executive, Eric Galbraith revealed that following the lack of a resolution from the FSA’s failed cost benefit analysis on mandating disclosure

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Fair value rules still fail brokers and consumers alike

Four-and-a-half years after the Financial Conduct Authority’s fair value rules arrived, Branko Bjelobaba, principal of compliance consultancy Branko Ltd, argues inconsistent data and vague metrics still make it difficult for brokers and consumers to compare insurance products properly.

Pride exposes prejudice LGBTQ+ individuals face in insurance

Editor’s View: LGBTQ+ network Link’s latest survey shows many insurance professionals still feel pressure to hide parts of themselves at work, which Emma Ann Hughes argues highlights the need for insurers to move beyond Pride branding and ‘pinkwashing’ to build actually inclusive cultures.

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