Unauthorised broker targets customers on Instagram

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The FCA has issued a warning that GLC Car Insurance is targeting consumers in the UK through the social media platform.

The Financial Conduct Authority (FCA) has sent out a warning about unauthorised broker GLC Car Insurance, which is targeting customers in the UK.

GLC Car Insurance operates through an Instagram account and the FCA noted that it believed the company is “carrying on regulated activities which require authorisation”.

The firm describes itself as specialised insurance brokers and the Instagram page is still active and has nearly 3,500 followers.

Its first post was published on 26 June 2018.

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