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News - Travel agents rail against FSA regulation.
(From Post Magazine)
Travel agents have continued to deny the prospect of Financial Services Authority regulation, despite a report dubbing their sales processes as "weak".
FSA regulation of travel insurance moved a step closer after the Treasury found concerns in the current regulatory system.
At a meeting of the Treasury Select Committee on Sunday its report on travel insurance stated that "given the evidence of the weakness of the sales process within the bundled travel insurance market, we do not believe there is a convincing case for the maintenance of self-regulation in that market.
"We see merit in the introduction of a coherent and unified system of statutory regulation for the travel insurance market and we believe that the FSA is best-placed to deliver such a system.
"We recommend that, if the government is satisfied that the FSA can deliver regulation that ...
- Travel Agents Can Now Access Travel Insurance Via Worldspan Go!(R).
- Press release article from: PR Newswire September 12, 2006 700+ words
...process for travel agents ATLANTA and...portfolio of travel insurance and assistance...presents Worldspan travel agents with new online...America provides travel insurance and assistance...solutions for travel agents and suppliers...
- Making insurance sales soar: Agents and industry experts discuss a number of...
- Magazine article from: Travel Agent Holly, Tricia A. February 4, 2002 700+ words
...historically considered travel insurance a secondary part...Virtually every travel insurance company has also...Institute of Certified Travel Agents (ICTA). One of...refuse to purchase travel insurance. This helps the...
- iTravelInsured Launches New Web Site Providing Complete Virtual Travel...
- Press release article from: Business Wire August 27, 2007 700+ words
...help to reduce the workload of both travel agents and their clients," said Bill Dismore...make an informed decision to include travel insurance when planning a trip. Additionally...marketing, managing and servicing travel insurance programs and emergency travel assistance...
- Gate 1 Selects World Access as Exclusive Travel Insurance Provider; Commission...
- Press release article from: PR Newswire October 25, 2004 700+ words
...the exclusive travel insurance partner for its...online and through travel agents. Gate 1 travelers...protection for travel agents who sell the...World Access travel insurance is offered through...Corp. provides travel insurance and assistance...enhance ...
- InsureMyTrip.com Adds Innovative New Service for Travel Agents.
- Press release article from: Business Wire September 20, 2004 700+ words
...resource for travel agents, allowing them...business with their travel insurance companies. The...will sell more travel insurance and boost their...designed for Travel Agents that have multiple travel insurance companies and...
- Winston-Salem, N.C., Travel Agents Report Few Cancellations as War Looms.
- Newspaper article from: Knight Ridder/Tribune Business News March 8, 2003 700+ words
...protect themselves, travel agents said. "I think since...all of our clients buy travel insurance and we highly recommend...threat of war with Iraq. Travel agents said that after Sept. 11 travel insurance did increase, however...
- FAMILY FINANCE: Skids under travel agents' insurance The industry is protesting...
- Newspaper article from: The Sunday Telegraph London PAUL SLADE December 1, 1996 700+ words
...Association of British Travel Agents is desperately...per cent VAT on travel insurance sold by travel agents. ABTA says it...stand-alone travel insurance, already often...than that sold by travel agents, will have a...
- Government holiday: British travel agents decry insurance changes.(Agent/Broker)
- Magazine article from: Best's Review O'Connor, Robert August 1, 2008 700+ words
...control over travel insurance policies sold by travel agents and tour...insurance sold by travel agents was more...market. Travel insurance can now be...insurance by travel agents. "We need...of whether travel insurance sold with...
