Industry backbone is good faith not a tariff system

Who can intermediaries lean on in times of need? After reading the article written by Michael How...

Who can intermediaries lean on in times of need?


After reading the article written by Michael Howard (PB, November, page
31), I would like to ask a few questions.


Are intermediaries entitled to rely on a Board of Trade which authorises
insurers, the General Insurance Standards Council or Financial Services
Authority for testimony of financial stability of insurer? If not, why
not?


And just what do these bodies do and what is the purpose of their
financial checks and enquiries if they cannot at least

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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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