Swinton's fall-out hopes are put on back-burner

Swinton has failed to win the new business it expected from fall-out from Financial Services Authority (FSA) regulation and the closure of Hill House Hammond, according to its managing director, Patrick Smith.

"I must say I expected there to be more fall-out," Mr Smith said. "At the moment it's just the part-time players and those with small general insurance accounts that have fallen out. But there's still time - D- day hasn't arrived. I admit I have been impressed by the resilience of the