FSA Regulation of Sellers of Connected Travel Insurance
From 1 January 2009, the sale of travel insurance which is sold together with connected travel services will be regulated for the first time.
Taylor Wessing lawyers James Crabtree and Hugh Merritt look at the implications for travel providers and their options for avoiding the need for authorisation from the Financial Services Authority; they also look at how insurers and insurance brokers can assist travel providers with whom they have a relationship deal with the new rules.
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