Insurance Compliance’s Allison questions insurance regulation
David Allison, head of intermediary consultancy south at Insurance Compliance, said improving customer understanding is an unsolvable problem, and questioned whether general insurance should ever have been regulated by the Financial Conduct Authority.
Speaking at the Defaqto Conference at County Hall this morning (16 September), Allison, pictured left, asked whether insurance was a financial service in the same way as other products such as
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