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Shortcomings in the management of appointed representatives have attracted scrutiny by the Financial Services Authority. Linda O'Toole and Sarah Willison discuss the role of principals and what compliance demands along the chain of command

The management of appointed representatives has become a hot topic in the insurance industry. This has been driven partly by the rapid growth in the number of ARs during the past 12 months through an

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FCA and PRA turn spotlight on MGA oversight

The Financial Conduct Authority and Prudential Regulation Authority are sharpening their scrutiny of managing general agents, stressing insurers must take primary responsibility for businesses underwriting on their behalf.

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