And the moral of the Preston Whiteside case ...
There are many conclusions to be drawn from the Preston Whiteside case but probably one of the most ...
There are many conclusions to be drawn from the Preston Whitesidecase but probably one of the most widely relevant is 'check your
wholesaling arrangements'. The lesson is equally valid whether learned by
a sub-broker, wholesaler or a sub-broker which wholesales.
The exact details of Preston Whiteside have yet to emerge but it is
certain that whatever the company was doing with its NIG policies, it
should not have had them in the first place. JR Carrigan & Sons acted as
wholesaler without NIG's
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