Yes, in full. Article 72B exempts the distribution activity, not the promotion. Any communication inviting or inducing a customer to buy insurance remains a financial promotion under section 21 of FSMA and must meet ICOBS 2.2 and the Consumer Duty. [...]
Quotall (IS) Limited is itself an Appointed Representative of Movo Partnership — it doesn't act as principal directly. Where a retailer wants to distribute as an AR rather than under the CCE, Quotall sources and advises on the appropriate principal [...]
The CCE removes the authorisation requirement for cover closely connected to the goods a retailer supplies, subject to conditions including a €600 annual premium ceiling (€200 for services lasting three months or less). The AR route carries no premium ceiling [...]
Yes. The retailer doesn't apply for its own permissions — the principal's permissions cover the activity. What the retailer does take on is the operating discipline the principal has to oversee: training, records, complaints, and approval of customer-facing communications. The [...]
An Appointed Representative is a firm that carries out regulated activities under a written agreement with an FCA-authorised principal, which accepts regulatory responsibility for those activities. The AR doesn't hold its own authorisation and can only do what its principal [...]