Lifestyle Services Group has appointed former Combined Insurance chief, Chris Harrison, as its new CEO.
At Combined Insurance, part of the Ace Group, Mr Harrison was responsible for developing a new business model and distribution strategies across the region. In his new role, he will take full accountability...
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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