Soundbytes - Simon Bloomfield, broker proposition development manager, NU
What is the broker regulatory risk tool? It is a simple application Norwich Union (NU) has put toge...
What is the broker regulatory risk tool?
It is a simple application Norwich Union (NU) has put together to help brokers understand the regulatory risks of the different incentives and deals that they have in place with the insurers they deal with. If a broker, for example, places business specifically to earn an over-rider while giving the impression to their customer that they are searching the whole market, this is likely to be acting against their customer's interests and be a conflict of
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