Ignorance over IT is no excuse

Jim McGuinness, chief executive officer of InsurE-com, told delegates that technologies and communic...

Jim McGuinness, chief executive officer of InsurE-com, told delegates that technologies and communication methodologies will help with regulation.

He said: "We have improved information flow, increased system flexibility and made it easier to use. Automated functions have reduced administration and duplication, while Polaris has standardised processes."

He warned: "Ignorance is not an excuse when it comes to technology and regulation.

"It is important to have an integrated general ledger in your

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