Supporting Your Business
FSA News Archive
I fought the law and the law won
If getting to grips with regulation and industry changes is causing you problems, talk to one of our Broker Consultancy Managers.
They can help you think through the impacts and opportunities of the changing marketpace and help translate your plans into an effective strategy.
You can contact them in confidence on 0845 300 291 or email at Broker_consultancy@norwich-union.co.uk
Then you could be calling the tune.
Compulsory regulation of the general insurance industry, through the Financial Services Authority (FSA) will commence from 14th January 2005.
All firms that trade or mediate in the general insurance industry will need to be authorised either directly through the FSA or by becoming an appointed representative of another authorised company (a Principal).
Norwich Union supports UK regulation of the general insurance industry as giving a guaranteed level of protection for customers in this country, but recognises that many insurance businesses will appreciate some assistance along the road to becoming compliant.
We have therefore designed a comprehensive support package to help you.
