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By Maria Ward-Brennan The Financial Conduct Authority (FCA) has banned and fined a director of an insurance broker for misleading the regulator and misusing funds. Leigh Mackey was a director, and sole management controller of Inspire Insurance Services (Inspire), an insurance broker for the construction sector. Inspire was placed into liquidation by Mackey in November 2020. It was revealed today that over a period of more than four years he had used premiums held by Inspire, which Inspire should have paid to the insurers, to fund the operating costs of Inspire and to pay his personal living e…

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