Covers cost of responding to FSA investigation

Lloyd’s Syndicate 1400, managed by Imagine Syndicate Management, has launched a dedicated insurance liability product to protect FSA approved persons.

The product protects financial services professionals against the costs of responding to investigation by UK regulatory bodies, including the FSA.

Specialist insurance broker Regulatory Protection Insurance Brokers, in conjunction with Lloyd’s broker, Lonsdale Insurance Brokers, will be managing the new product.

Regulatory Protection Insurance is a fully web-based insurance product which can be applied and paid for online.

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