FSA in private investigator probe

detective-footprints

The Financial Services Authority (FSA) is conducting a review into the use of private investigators by insurance firms.

The regulator said the issue had come to light through the use of market intelligence, industry sources, reports in the media, and customer experience.

It added that reports suggest "there is a potential for poor practice".

The FSA will request information from insurance firms about how they use private investigators before determining what further steps need to be taken.

The regulator explained this might include insurance company visits to look in more detail at the controls operated by them.

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 copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Most read articles loading...

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: