FSA issues warning about motor broker Aston Midshires

megaphone1

The Financial Services Authority (FSA) has warned customers of motor broker Aston Midshires Insurance to check that their insurance policies are valid.

The regulator said it had received reports of customers not getting their policies, with the broker failing to properly register details and premiums.

The watchdog added that policies sold by the company may claim the underwriter was European Wood AB, a company authorised by the Swedish financial regulator, Finansinspektionen.

However it highlighted that European Wood AB was in liquidation and policies underwritten by them may no longer provide insurance cover as expected.

In a statement the FSA

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Broker optimism on the up in fleet

Direct Commercial’s latest broker barometer has found 56% of brokers experienced difficulties in securing coverage for smaller fleets in the last quarter, a slight improvement from 60% earlier in the year.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: