Ins and outs of ICOBS

Though it collates a crucial body of rules that affect all of our lives, this meandering and neglected tome is greatly in need of revision. Adam Samuel guides a tour through the Insurance Conduct of Business Sourcebook.

Adam Samuel BA LLM DipPFS MCISI FCIArb Certs CII (MP&ER) Barrister and Attorney may be contacted at adamsamuel@aol.com. You can purchase Adam's latest book 'Compliance - a Short Book' at www.amazon.co.uk/Compliance-Short-Book-Adam-Samuel-ebook/dp/B0CTRYBN1J/. For links to where you can buy the second edition of 'Consumer Financial Services Complaints and Compensation', see www.adamsamuel.com/writing.

ICOBS, the Insurance Conduct of Business Sourcebook, is one of the most undiscussed key rulebooks of the Financial Conduct Authority. Huge numbers of United Kingdom adults buy insurance and a reasonable number claim on it. On top of that people cannot do certain activities, like driving, without having to interact with someone required to comply with ICOBS.