GENERAL INSURANCE INTERMEDIARIES

General Insurance Intermediaries have been under statutory regulation since January 2005 with further changes and amendments being made to the Insurance Conduct of Business Sourcebook (ICOBS) in July 2008.

From 2008 to 2011 the Financial Services Authority (FSA) intends to see every General Insurance Intermediary who conducts mortgage business, suggesting ways compliance could be improved and asking for remedial action to take place if non compliance is found.

The Telos Compliance service can assist at every stage of getting prepared for the meeting and the fallout (if any) afterwards.