000 01508cam a2200241 4500
001 ABS67859
008 040601n2004 000 0 eng u
035 _a(Sirsi) u126341
100 _aTaylor, S.
245 _aDon't put yourself at risk
260 _c2004
490 _aEstates Gazette
_v(0420) 15 May 2004, 164(1)
520 _aConsiders the fundamental shift in the way property managers/managing agents will be required to handle their insurance arrangements when the insurance broking industry becomes regulated by the Financial Services Authority (FSA) from January 2005. Lists those regulated activities normally carried out by most property managers that will then require FSA approval. Summarises the options open to the property manager: full regulation by FSA with application by letter submitted by 13 July 2004; become an appointed representative of an insurance broker who is applying for full regulation or an introducer-appointed representative. Concludes that most property managers will apply for full FSA regulation with its added value of sole right to trade in regulated activities, although the cost of application may make handling of insurance no longer financially viable for some smaller management concerns.
590 _aABS
590 _aABS
650 _aINSURANCE BROKERS
650 _aPROPERTY MANAGERS
650 _aFINANCIAL SERVICES AUTHORITY
650 _aInsurance
_96249
650 _aMANAGING AGENTS
690 _aPROFESSIONAL PRACTICE
942 _n0
999 _c117426
_d117426