No conflict of interest' - IMS.

New start-up intermediary auditing company Insurance Monitoring Services has come under further atta...

New start-up intermediary auditing company Insurance Monitoring
Services has come under further attack from the broking industry. The
firm, which audits cover note books and EDI transactions, provoked
complaints two months ago over the curt letters it sent to intermediaries
(PB, November, p2).


Bob Brownlee, chairman of Wilby Insurance Brokers in Halifax, has
expressed concern that a potential conflict of interest exists between IMS
director Paul Galloway's current position and his previous role as

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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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