Treasury's travel insurance ruling a welcome outcome

Brokers could benefit from the Treasury's decision to regulate travel agents under the Financial Services Authority's (FSA) jurisdiction, by offering their services as appointed representatives (AR).

At present, the regulator only takes responsibility for travel insurance sold on a stand-alone basis but, from January 2009, the FSA will be regulating the selling of travel insurance offered alongside holidays.

The Association of British Travel Agents (ABTA) expressed its clear disappointment wit