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Insurance brokers must manage conflicts, FCA’s Adamson says

( November 13, 2013, 09:50 GMT | Official Statement) -- MLex Summary: Insurance brokers must manage conflicts of interest when they receive commission from both insurers and policyholders, said Clive Adamson, the UK Financial Conduct Authority’s director of supervision. Insurers that delegate underwriting or claims handling must supervise those companies and ensure that they meet the required standards, Adamson said.The text of the speech follows....

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