The Financial Conduct Authority (FCA) has issued final notices for One Call Insurance Services and for chief executive and majority shareholder John Radford.
In January this year the regulator published its decision notices (dated 13 June 2016) fining Radford £468,600 and One Call £648,000 for client money handling failings.
The Doncaster-headquartered firm which specialises in car, van and home insurance also faced a £4.62m hit from being banned from charging customers renewal fees for 121
The Insurance Age team unpick the most recent and most popular stories.Subscribe to our daily newsletter for all the latest news
- Markel buys books of business from Caunce O’Hara
- Egan reveals thinking behind RSA's commercial merger
- Jelf rebrand an opportunity for regional brokers, say experts
- The Blog Spot: RIP Jelf, hello Marsh Commercial - what's in a broking brand?
- CRL stops writing new business amid Alpha fallout
- Chris Dobson outlines future plans as he exits Ageas
- Hyperion merges Howden and RK Harrison