The FSA has issued a warning for consumers holding policies from CIC Insurance Company SA or CIC Insurance Company AVV.
It said policyholders may not have enforceable insurance cover. In the case of EL cover this could put firms in breach of the Employers' Liability (Compulsory Insurance) Act [1969].
The FSA said it was currently aware of around 2,200 policyholders who may be affected, involving an estimated £3.75m in premium.
Policyholders are advised to make alternative arrangements with an authorised insurer as a matter of urgency, said the FSA.
The news comes only a month after the FSA warned that 40,000 Tribune Risk and Insurance Services policyholders were without cover.
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.
