London market operator granted FSA authorisation
Ambant, which provides professional consulting, resourcing and broker services to the Lloyd's, London and International insurance markets, has achieved Finanical Services Authority authorisation and Lloyd's Run-Off Broker status.
"Managing broker legacy effectively is a key challenge confronting Lloyd's and the London market in 2009" said Philip Grant, chairman of Ambant.
"The administration of discontinued policies is a drain
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