FSA closes Manchester insurance broker

A Manchester insurance broker has been closed by the Financial Services Authority (FSA) after investigations revealed that the firm was selling insurance without underwriting in place, leaving clients uninsured. Michael Young - also known as Mohammad Younas Yousaf - was the managing director, and Asif Habib Malik was the financial director, of M Young Legal Associates (MYLA), which advised on, and sold, after-the-event legal expenses insurance policies. These policies covered customers' legal

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: