THE president of the Irish Brokers has warned that many individuals and companies were now underinsured and could find that their policies were worthless in the event of a claim.

THE new president of the Irish Brokers Association has criticised the financial regulator IFRSA.

The incoming President of the Irish Brokers Association, Donagh McSharry, has said brokers have a key role to play as financial intermediaries, offering advice and choice to consumers, but that they need to remind consumers of that role.