BIBA and Intact launch Start-Up Hub for aspiring UK brokers
The hub covers Direct Authorisation or Appointed Representative routes, FCA expectations, business planning and operational considerations.
The British Insurance Brokers' Association and Intact Insurance have launched a Start-Up Hub for people setting up a UK brokerage, BIBA said in a release published on 4 November and updated on 5 November.
The hub covers routes to market as a Directly Authorised firm or an Appointed Representative, preparing for authorisation or appointment, FCA expectations, business planning and operational considerations.
BIBA said the resource combines its industry knowledge with Intact Insurance's market experience. Intact Insurance, formerly RSA Insurance, is part of Intact Financial Corporation.
Related coverage: Marsh opens Broker Workbench for London wholesale; Delegance raises $3.1m for a flat 5% broker fee.
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