Broking Break: Your top 5

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Brokers have been clicking on Insurance Age saving the day with Facebook, a departure from PIB, another takeover, the date of SMCR and who is on top of Allianz’s “hit list”.

5) FCA fails to stop clone broker on Facebook

Facebook confirmed that the page operated by scammers using Car Insurance 4 u’s details had been taken down following an investigation by Insurance Age.

This came after the Financial Conduct Authority issued a warning that fraudsters were using details of authorised motor broker Car Insurance 4 u in order to convince people they worked for a genuine company.

In an interview with Insurance Age Clive Jones, general

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FSCS gives first insight on increasing levy to £394m

The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.

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