Galbraith criticises FSA stance on adequate broker resources

Eric Galbraith

British Insurance Brokers’ Association chief executive Eric Galbraith has hit back at the Financial Services Authority’s ‘time consuming and expensive’ approach to adequate resources.

Mr Galbraith, speaking at the FSA's Insurance Sector Conference earlier today, claimed that one of Biba's members had spent up to £50 000 consultants in trying to meet the FSA's Threshold Condition 4

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

This address will be used to create your account

How to enter a new line of business

How brokers can unlock growth potential by entering new lines of business is the topic of the latest Insurance Post Top Tips video starring Emma Drouineau, sales associate at Cyber Cube.

Q&A: Theo Duchen, Acturis

Theo Duchen, co-CEO and co-founder of Acturis, discusses Astorg’s increased stake in the company, how best to implement artificial intelligence, and why he thinks his business is well placed to take on rivals in the US and Canada.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here