Richens says GISC is an 'opportunity' to buy small business.
Ian Richens, chief executive officer of broker FM Green, has described the imposition of the General...
Ian Richens, chief executive officer of broker FM Green, hasdescribed the imposition of the General Insurance Standards Council as a
"once in a lifetime opportunity" to buy the books of business of smaller
intermediaries.
Mr Richens, whose company runs a wholesaling scheme, says his company has
already bought books from three smaller intermediaries who did not want to
sign up to the GISC.
Mr Richens said: "In the first quarter we bought two books of business and
one more acquisition will be
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