Are all the insurance websites listed regulated by the correct authorities (FSA, GISC, BIBA, IBA)?
No. To the best of EID s knowledge, ALL the companies listed in this site comply with at least the basic rules, regulations, and standards as set out in the relevant insurance standards laws, standards, and codes of conduct. NOT ALL companies listed in this site are members of the GISC. To find complete and up-to-date lists of GISC members, please visit the GISC website. The Financial Services Authority (FSA) will be taking over the regulation of general insurance and mortgages from January 2005. All insurance firms will have to abide by the new FSA regulations from that point. Those firms whose applications the FSA has refused or to whom the FSA has sent a warning notice before 14 January so that they can carry on doing general insurance business while disputed applications are determined through the usual channels. These will include the Financial Services and Markets Tribunal if a firm chooses to exercise its right to take its case there. The trigger for the transitional to apply to
