Broking Business – March 2026

Welcome to the latest edition of Broking Business – March 2026, featuring the latest articles and industry updates from our Insurance Intermediary team.

Brokers and MGAs are operating in an environment of rapid regulatory, tax and accounting change. FCA reforms are simplifying insurance rules and easing compliance burdens, while new approaches to employee equity incentives demand clarity on tax treatment to avoid unexpected liabilities.

Share‑based payments continue to pose accounting challenges where vesting terms, group structures and valuations intersect, highlighting the need for robust processes.

At the same time, intermediaries must keep on top of regulatory capital requirements with forward‑looking structures that support growth, protect financial stability and meet FCA Threshold Condition 2.4.

And for groups preparing for sale or restructuring, early planning is essential to preserve valuable tax assets – such as losses, CIR attributes and interest disallowances – and prevent them from being lost through changes in ownership, activity or group simplification.