The FSA has already outlined several fundamental assumptions and decisions regarding its regulation of the general insurance industry, the GISC has said.
GISC chief executive Chris Woodburn said yesterday that "a valuable exchange of views took place" between the two organisations on 8 January 2002.
He added that this formed "a very encouraging basis for a new phase of even closer liaison between GISC and FSA".
The meeting was their first since the Treasury's announcement that the FSA would eventually take over regulation of intermediaries.
Woodburn said the FSA's views would be presented to the Treasury in due course but until that happened, a timetable for the takeover remained uncertain.
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.
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.
