"Standard agency agreements plan.... to resolve risk transfer requirement" (30 October, Insurance Times). Why doesn't somebody tell the FSA to check its references on the law of agency?

Payment to the broker is payment to the insurer - who else can be the principal in matters involving the collection of money against the issue of cover notes and renewal papers on behalf of insurers?

John Lynch
Insurance Advisory Service

Send letters to: Insurance times, 30 Cannon Street, London, EC4M 6YJ or Email to
Andy@instimes.co.uk or Fax: 020 7618 3499