Knock-on effect

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Solvency II is already having a massive effect on insurers but has yet to impact to any significant degree further down the chain. However, this will change. In order to comply with the new regulations, insurers need to be sure the information they receive from intermediaries is of high quality and will, therefore, start to make the same demands on their data suppliers as have been made on them – a knock-on effect.

This effect will impact on the amount and quality of data that needs to be

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