Blog: Should we regulate the software houses?
Andy Fairchild, former leader of Broker Network and Applied Systems Europe, considers whether there is enough oversight of the tech providers to the insurance industry.
I’ll never forget those few weeks back in September 2016 when the SSP Broker Management System had an outage. I was on the periphery of it all but I’m sure the brokers, insurers and SSP executives directly affected will carry it around with them for a very long time.
At the time I remember wondering what the regulator could do about it and it remains a question that looms large in my mind.
Surely with tech providers holding so much influence over brokers’ operations there should be some kind
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Markerstudy gets CMA greenlight to complete £1.2bn Atlanta deal
- FCA warns insurers, again, on undervaluing total loss motor claims
- Ajay Mistry launches insurance broker