FEATURED INSIGHTS
Insurance intermediaries
News and insights for insurance brokers and MGAs
Our industry leading team are on top of accounting, tax and regulatory issues affecting your business. We share our knowledge through our quarterly in-person Broking Breakfasts, webinars to watch at your convenience, guides on current topics and a regular publication for the insurance intermediary community.
Read our latest insurance intermediaries insights.
Latest edition
Our insights
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SMCR are you ready?
1min read
By 9 December this year, all FCA firms under SM&CR must submit a SoR (Statement of Responsibilities) and Enhanced firms must also produce a Responsibilities Map. Samiha Shaikh offers a guide to priorities.
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Summer 2019: Market Study
1min read
In Spring last year, Broking Business announced the FCA’s Market Study on the wholesale insurance sector. Its key aim was to assess whether competition was working effectively in the market. Paul Goldwin reports on what the results mean for brokers.
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Get your CASS 5 ducks in a row early
1min read
The continuing trend for broker acquisitions has made client money due diligence all the more important. We provide advice for vendors and buyers.
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Cloud solutions & business continuity – the buck stops with you
1min read
Cloud services are becoming more and more popular among brokers. But in spite of the potential benefits, they can also bring unexpected hazards. We focus on one of the key risks.
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Good practice guide: Internal audit for brokers
1min read
In our experience from carrying out risk and control assurance work across the insurance sector we are seeing a growing recognition among broking firms of the importance of effective governance, risk management and internal control.
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Good practice guide: Client money for brokers
1min read
In our experience from carrying out numerous audits, investigations and due diligence projects, the subject of client money and risk transfer is sometimes misunderstood by insurance brokers, insurers and auditors alike.
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The future of commercial insurance broking
1min read
Commercial insurance brokers will need to have evolved into business advisors for their SME customers by 2027 or face extinction.
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Treatment of insurance balances by insurance intermediaries under FRS 102
1min read
The introduction of FRS 102 has resulted in insurance intermediaries, and their auditors, needing to carefully consider the treatment of insurance balances in their financial statements, resulting from a number of enhancements within FRS 102 compared to previous UK GAAP.
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