One large step for insurance?

With the success of the GISC surely in the bag, brokers must embrace it for the sake of the profession's status.

The General Insurance Standards Council is edging closer to achieving
what its backers set out to do three years ago - become the sole regulator
for the general insurance market.


The rejection by the Office of Fair Trading of the main objections to
GISC's rule book and its obvious hostility to the outstanding appeals
against its rulings, ensures that GISC will succeed.


Most in the insurance industry will welcome this. Of course, the Institute
of Insurance Brokers remains the principal opponent and