Alan Roy Brown

Findings — machine-extracted (anthropic-batch:claude-opus-4-8); verify against the decision

The SRA applied to withdraw two allegations against the Respondent concerning failing to provide complete and accurate information in PII applications for indemnity years 2008/09 to 2013/14. The parties agreed a Regulatory Settlement Agreement under which the Respondent admitted breaches of Principle 7, accepted a rebuke and agreed to pay costs of £4,000. The Tribunal permitted the matter to proceed by way of RSA, allowed the allegations to be withdrawn, and ordered costs of £4,000. No dishonesty was found.

Duties found breached:

• Handle inadvertently received material

Mitigating factors:

• Non-disclosures resulted from carelessness rather than any intentional endeavour to mislead insurers
• Insurers confirmed they would not have offered cover on a differing basis had they been aware of the non-disclosed matters
• No exposure of clients to risk or advantage secured to the firm
• Respondent acknowledged more care should have been taken and undertook to disclose all material facts in future applications