How good of Royal & SunAlliance (R&SA) to take a U-turn and profess it never really meant to pinch our clients.
But how unsporting of it not to acknowledge Andrew Paddick's pivotal contribution to the "consultation".
A consultation apparently still ongoing after the issue of terms of business agreements (TOBAs) attached to a letter that stated "Please be aware that the terms of the TOBA are not negotiable. We shall not accept any amendments to the TOBA." Ah, that would be the TOBA now on its way to be pulped, would it?
Coincidentally, I was tidying up some old files today when I came across a circular from the IIB dated 16.12.94 headed "Sun Alliance Terms of Business".
In it are set out a number of issues causing the director general concern on behalf of his members.
In one case he stated: "Sun Alliance have agreed with the IIB that this clause will be deleted."
On another he said: "The IIB is obtaining legal opinion in respect of the above." It added advice not to sign at present. Surely no one involved at the time for Sun Alliance could have survived the intervening decade because they wouldn't have made the same mistake twice?
Rod Gibson
Alan Boswell Insurance Brokers
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