Most would agree the FSA and Biba have done a pretty good job of making sure that brokers know that regulation will be compulsory come 2005.

But, it seems, the message has been scrambled in some cases. TBS chief executive Mike Williams said that he entered into talks with a mid-sized broker.

The broker wasn't too interested in TBS's compliance service. Williams wondered why?

Well, said the broker, "I shall not be joining the FSA come 2005, I'll stick with GISC." With GISC due to pass the regulation baton to FSA in 2005, it seems that you can't get the message across too often.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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