Risk perspectives - Dealing with a possible banana skin

No one likes to receive a business complaint as it suggests a mistake, despite the best of intentions. Even the smallest of complaints may have the potential to turn into a negligence claim, so brokers need to be confident that they have a reliable procedure in place, should the unexpected happen. The Financial Services Authority (FSA) also requires firms to have a complaints procedure, at least for eligible complainants.

So, what constitutes a complaint? The FSA defines a complaint in its DI

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: