Broker Assessment Report
On Wednesday 14th September MGAA supplier member REG (UK) Ltd. addressed the compliance forum with a presentation highlighting some of the potential risks agencies are exposed to through lack of regular Broker reviews. REG have found that on average 8.8% of Brokers initially uploaded to REG are no longer authorised to conduct regulated business by the FCA & 9.4% have a Credit Rating which indicates a moderate to high risk of failure within the next 12 months.
To help MGAA members address this, they are offering a Free Broker Assessment Report for MGAA members
View a sample report below or click here to find out more.