Editor's letter - March 2018

delay time clock

Turning back time: Brokers should use the delay in IDD implementation to review compliance

David Ross once told me that nobody at Towergate was “running around with their hair on fire”. It was 2016 and he was talking about dealing with the collapse of Gable.

The temptation to run the “Ross reveals no hair on fire at Towergate” headline was huge but I suspect everyone is thankful I managed to resist.

The phrase came back to mind when thinking about the consequences of the decision to postpone the implementation date of the Insurance Distribution Directive.

The delay was first

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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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