June
Broker faces prison A broker is facing prison after admitting selling £10m of policies without any ...
Broker faces prison
A broker is facing prison after admitting selling £10m of policies without any underwriters to back them. John Walker ran Edinburgh-based Tribune Risk Services before the Financial Services Authority discovered that 43,000 personal lines policies had no cover in place in December 2003. Premium finance company Can Do lost around £2m in unpaid settlements and insurer Cox, now Equity, estimated at the time that it cost them £4.5m.
Broker opens new office
A Hampshire-based broker
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 info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk 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 info@insuranceage.co.uk
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 info@insuranceage.co.uk
Most read
- Markerstudy gets CMA greenlight to complete £1.2bn Atlanta deal
- FCA warns insurers, again, on undervaluing total loss motor claims
- Nine ghost broker actions in police counter-fraud Operation Henhouse