NIBA / Special Feature
Navigating an Increasingly Complex Regulatory World Compliance and regulations are evolving to meet the future needs of the profession – not just react to things that have happened in the past. And, collectively, the profession believes that, over the coming decade, those regulatory demands are going to continue to increase – with 86% of people surveyed believing that regulatory demands will impact the broker profession by 2035.
platforms and shared legal resources as effective strategies for navigating this growing burden – which is something for smaller businesses to have on their radar. Of course, being prepared for the unknown is challenging, but having the aptitude and capacity to be aware of upcoming changes and predict what is on the horizon is critical. For example, increased use of technology and AI challenges will naturally bring with it significant regulation to moderate and protect data, while the ethical use of AI to make decisions about risk will come under intense scrutiny. While that regulation isn’t in place as yet, it’s simple to anticipate – and best practice already established to follow. We explore this issue further in our feature article, 'Taking Control of the AI Journey' on Page 45.
Ready or Reacting? Shaping the Future of the Broking Profession
OCTOBER 2025
National Insurance Brokers Association
Insights in partnership with CBN
We look forward to sharing the ‘Ready or Reacting? Shaping the Future of the Broking Profession’ with you – you can read it by scanning the QR code.
Despite that view, however, only 62% of respondents feel prepared for this shift.
These pressures are most keenly felt by smaller businesses, which naturally don’t have the compliance resources of the bigger firms. Looking overseas for possible paths ahead, meanwhile, best practice points towards centralised compliance
64 / INSURANCE ADVISER OCTOBER 2025
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