Recruiting rich talent

Ashwin Mistry is the Chartered Insurance Institute president

Brokerbility’s Ashwin Mistry insists brokers must recruit the best to stay relevant but advises that the talent pool is ripe for the taking.

Our clients live and work in a pretty dangerous and unpredictable world. New risks such as environmental pollution and terrorism threaten their businesses.

Cyber-crime is growing at an alarming rate. And Brexit is both increasing investment uncertainty and, with the pound down 15% (at the time of writing) against a basket of major currencies, adding substantially to their costs as well as - importantly for us - the costs of re-instatement in a claim.

So we need to be having the right

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FCA trims broker fees hike to 9.3%

The Financial Conduct Authority has confirmed it is raising the financial contribution of the general insurance mediation fee block by 9.3% for 2024/25, down from its initial projection of a 9.8% increase.

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