Over 300 insurance brokers get minded to authorise letters

The Financial Services Authority has reported that by the end of 30 April, it had received 15046 registrations to obtain an application pack and 5580 applications for authorisation — with 8675 registrations related to insurance business and 6371 to mortgages, while for applications for authorisation the breakdown was 3684 from mortgage firms and 1896 from general insurance firms.

By the end of 30 April, 1135 letters had been sent to applicant firms indicating that the FSA was minded to authorise them to carry out mortgage or general insurance business. Of these the sectoral

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Could premium finance face Gap-like FCA action?

After the Financial Conduct Authority’s Matt Brewis labelled premium finance a “poor product”, Scott McGee examines if the industry has done enough to defend this method of paying for insurance or whether the regulator will soon feel forced to clamp down on the pricing practice.

How women are smashing insurance’s glass ceilings

Ahead of International Women’s Day (8 March), Insurance Post Editor Emma Ann Hughes examines how glass ceilings in insurance are being smashed and whether presenteeism rearing its ugly head could stunt further female progress in the industry.

FCA pauses all Gap insurance sales

The Financial Conduct Authority has ordered all providers of guaranteed asset protection insurance to pause selling the product by the end of this month.

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