Schemes Conference: Opportunities and challenges
Ecclesiastical’s corporate director Tony Fletcher outlines how GDPR is a key challenge for schemes brokers and discusses the opportunities that lie ahead for the market.
Brokers must innovate, understand the customer and take hold of the new GDPR regulations if they are to succeed in the schemes market according to Tony Fletcher, corporate director at Ecclesiastical.
In a speech at the Insurance Age Schemes conference Fletcher noted that “innovation is at the heart of what schemes brokers do”. He remarked that schemes brokers contribute about £8bn of GWP to the market – 20% of UK GWP.
To continue to succeed the market must overcome some key challenges. These
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