In reply to who can vouch for financial security

JG Searle, of Acclaim Insurance Services, wrote to Professional Broking last month (December, p15) ...

JG Searle, of Acclaim Insurance Services, wrote to Professional
Broking last month (December, p15) asking who can vouch for the financial
security of insurers, in response to my feature (PB November, page
31).


The Department of Trade and Industry authorises those underwriting
insurance business in the UK. Once authorised, the Financial Services
Authority is responsible for ensuring those underwriters authorised to
transact insurance business in the UK comply with the regulatory rules
(contained

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FCA warns on Tempcover clone

The Financial Conduct Authority has issued a warning of fraudsters trying to scam people by pretending to be short-term car insurance specialist broker Tempcover including on TikTok.

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