GISC proposals spark broker concerns.
The GISC's second consultation document has provoked widespread concern within the insurance sector. Tim Collison looks at the responses from the broker and intermediary community.
It would appear that the General Insurance Standards Council has beena victim of its own success - in terms of responses to its second
consultation document, that is. Since the document was issued in October
of last year, GISC has received over 300 separate submissions, which have
raised over 1000 different issues.
With the deadline for responses coinciding with both Christmas and the
Millennium celebrations, the council never stood a chance of analysing all
the submissions, putting together the
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