75% of brokers say regulation is the main issue facing their business
A broker survey carried out on behalf of the British Insurance Brokers’ Association has revealed that for three quarters of all brokers, regulation is the main issue facing their b
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
Eric Galbraith, BIBA Chief Executive, said:
“I am delighted to see that 95% of our members are satisfied with the job BIBA is doing. However my real challenge is to move the 42% of members who said they are satisfied with our activities to join the 54% who are either very or extremely satisfied.
“Regulation remains our key priority so it is good to see that we are aligned to members needs and I’m also pleased that merger with the IIB has been well received. We will be using the results to shape the future of the association and I want to thank all the brokers who took the time to complete this important survey.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Lloyds
Lloyds Banking Group launches £5,000 deposit mortgage
Mortgage Rates
Barclays relaunches sub-4% mortgage rate
FCA
FCA sued over compensation scheme that 'significantly underestimates harm'
FCA
FCA bans and fines director £755,000 for advice and insurance failures
Mortgages
Mortgage affordability at tightest level since 2008: UK Finance
Bank Of England
Bank of England holds interest rates at 3.75% in 8-1 vote