April
The Financial Services Authority issued disciplinary proceedings against a broker after it failed to pass tens of thousands of pounds worth of premiums onto insurers. Primary General Insurance instigated winding up proceedings against Chorley- based Ideal Insurance Services, after its account with the insurer went £41,700 into the red. Following a visit to the premises on 8 April, the regulator found other intermediary accounts were also in arrears, and payments were overdue to three other
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Broker
Podcast
The Insurance Age Podcast: 3 April 2020
Insurance Age commissioning editor, Laurence Eastham, and news editor, Ida Axling, discuss the top stories of the week.
Subscribe to our daily newsletter for all the latest news
Most read
- Blog: The rising business case for electric fleets
- BI dispute: RSA won't appeal on Resilience and Eaton Gate wordings
- Lockton denies fraud allegations in ongoing legal dispute
- GRP’s Marshall Wooldridge buys Yorkshire broker
- Blog: Black History Month and what it means for us.
- Gallagher takes Zurich's Nick Price
- Property investor files separate legal proceedings against Axa as Lockton case continues