State of the Broker Nation: Regulation

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In the second part of Post’s research, brokers talk candidly to Michèle Bacchus about the British Insurance Brokers’ Association, the Financial Conduct Authority, the government and the European Union

Amid the waves of regulatory changes to hit the industry recently, brokers are standing fast, using their strong interpersonal skills, nous and diplomacy to successfully navigate their way in a

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FCA remains a work in progress

Trade Voice: Chris Croft, CEO of the London and International Insurance Brokers’ Association, says that while the regulator has made strides towards its new objectives, further cultural change is needed.

Michael Rea, Gallagher

Michael Rea was appointed CEO of Gallagher’s UK & Ireland broking business in January 2024 and leads more than 6000 colleagues.

Chris Lay, Marsh McLennan

Chris Lay, CEO of Marsh McLennan UK, isn’t afraid of taking the regulators to task over the disproportionate amount of red tape restricting the growth of broking businesses.

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