LVs Rod Wilmot considers what the insurance sector needs to do to keep up with digital developments.
The days when financial services companies could dictate what customers bought by designing products that fit traditional thinking are rapidly becoming a distant memory. Today a greater number of organisations...
Experts say that brokers taking on appointed representatives need to be aware of the "huge responsibility".
Businesses must have appropriate processes and supervision in place wherever the AR distribution method is used.
Biba boss highlights that with an appointed rep a firm “is lending its regulatory permission to someone else and with that lending its name”.
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