Brokers have been warned to check ..
Brokers have been warned to check the domicile of their general insurance product providers, or risk losing money. Providers with an address overseas are not subject to the demands of the Financial Ombudsman Service and the Financial Services Compensation Scheme (FSCS). The warning came from www.britishinsurance.com. The FSCS has the power to compensate consumers in the event of the failure of any firm that is authorised; however, that guarantee does not apply to customers of firms domiciled
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 i[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 Regulation
Most read
- Gallagher acquires Erimus Group
- Goldman Sachs buys into Clear as ECI exits
- Amanda Blanc says she feels “responsible” for addressing industry sexism
- GRP expands in Wales with Prescott Jones buy
- Rishi Sunak flags speedy reform for Solvency II rules
- Blog: Stonegate v MS Amlin and others - battle lines drawn in a £1bn dispute
- Innovu to rebrand as Gallagher