FCA warns of unauthorised life insurer

The regulator warned customers that the company is currently operating without authorisation and as such poses a risk to consumers it may target. The firm also operates under the trading style International Trust Union Bank, which has a duplicated website. It lists contact addresses in London and Burnley on both sites. When accessing the website, Great Western Bank portrays itself as a financial service offering life insurance alongside other general and home insurance cover, and banking and savings accounts. The FCA warned: "We believe this firm may be providing financial services...