
Two insurance brokers banned by FSA

According to the regulator, Mr Porter was the sole shareholder and the only broker at Porter Insurance which specialised in providing insurance policies for businesses and individuals.
The FSA found that while a broker and director of Porter Insurance, Mr Porter had deliberately underinsured clients. It said he had retained the surplus money for his benefit and exposed companies to the risk of significant financial loss by misleading them into paying for cover, which, unknown to them, was
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.
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 Broker
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