The Institute of Insurance Brokers has claimed ..

Insurance Age staff
01 Mar 2006

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The Institute of Insurance Brokers has claimed that brokers who accept credit cards for premium payment could be seriously exposed to millions of pounds of insurer debt. The association stated that its discussions with a number of large personal lines brokers suggest that brokers could be placing themselves in danger of liquidation or seriously breaching Financial Services Authority solvency requirements, which could force the closure of their business. Director general Andrew Paddick stated

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.

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]

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]

To continue reading...

Sign In

Access Insurance Age

You are currently on corporate access.