In April, The Special Risks Bureau announced that it would only take applications from cases that would attract a minimum premium of £20 at standard rates. We did this to protect the company from accepting cases that would produce less income than we had incurred in fixed costs.

A number of advisers have suggested that we could achieve the same outcome by accepting smaller cases but fixing a minimum share of commission. Ever keen to listen to our introducers - we agree.

From September 1st, we will bring in a minimum SRB share of £180 and will remove the minimum premium. All cases that are affected will be acknowledged with this information and advisers will be asked to fax back their agreement.