Sector Regulation Sector Regulation

Buildings-insurance brokers may face commissions cap under UK plans to slow price rises

By Phoebe Seers
  • 10 May 2022 18:12
  • 10 May 2022 18:12
Insurance brokers could see their commission limited in the UK as the Financial Conduct Authority said it is considering a cap to address the rising cost of multi-occupancy buildings insurance following the Grenfell tragedy.

In a letter to housing minister Michael Gove today, the regulator said that it had identified potential

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Phoebe Seers


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

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