Foreword

When Insurance Age was first published in May 1979, I was a director in a Glasgow broking firm that was part of Bowring, now Marsh. Twenty-five years later and Insurance Age is a thriving and informative publication, recognised for the contributions it makes to the industry, and I am delighted to be associated with the Insurance Age team.

Our industry is going through a period of enormous change, notably due to impending regulation by the Financial Services Authority. The challenge for the