Topic
ICOBS
2 published works
Global Insurance Blog
UK: Is ICOBS compliance solely the responsibility of the customer-facing intermediary?
"Where there is a chain of insurance intermediaries between the insurer and the customer, [ICOBS] applies only to the insurance intermediary in contact with the customer". (ICOBS1 Annex, 4.1R) That…
Insurance
Court of Appeal allows claim for breach of statutory duty in PPI case
Saville v Central Capital Limited [2014] EWCA Civ 337 Court of Appeal finds credit broker liable for breach of statutory duty on the basis that had they met ICOBS requirements,…