FCA recommends Biba works on risk pool “to limit commission costs” in flats insurance report

The Financial Conduct Authority has warned of “significant concern” over some broker commissions in the multi-occupancy buildings insurance market and taken aim at a lack of transparency by the insurance sector in its dealings with leaseholders as well as “material issues and shortcomings” in data.

from Insurer - insuranceage.co.uk https://ift.tt/VAqUu7F