One year from GI-Day insurers find regulation a struggle

A year on from GI-Day, insurers are continuing to find regulation a struggle, according to Huntswood. Its poll of leading insurers revealed that 22% of firms are most anxious about the issue of training and competence; just under a fifth (19%) stated that suitability of advice caused them most discomfort and one in six stated that treating customers fairly caused them anxiety. In addition only a third (33%) of firms had conducted an operational audit.

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