In-depth - regulation: Doing the right thing

public opinion

New rules and the threat of reputational damage from public outcries are pushing brokers and clients to re-evaluate how they approach environmental, social and governance issues, writes Edward Murray

Environmental, social and governance (ESG) concerns have affected brokers and their clients for many years, but they are increasingly being gathered under a single umbrella and developed into an individual risk factor. 

The awareness of ESG issues has accelerated significantly in the last few years and the exposures they carry are now better defined, although there is still some way to go. 

These changes are making ESG risks more tangible and developing them into a mainstream consideration for

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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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