Legal & General's director of intermediary insurance, Craig Brown, examines how a small tweak to how commissions work can help alleviate financial stress for intermediaries.
As we enter the last few months of 2021, many intermediary firms will have already started looking ahead and planning for the next financial year. Overall, the industry has weathered the last 18 months well, with firms successfully navigating the numerous unprecedented challenges that have been thrown their way. However, with today's increasing and ever-changing demands it's becoming ever more vital that firms ensure they're processes are fit for purpose. According to ELIXIR, since 2014 more than one thousand protection writing intermediary firms have closed down, with many leaving d...
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