Risk perspectives Getting into good business habits
The file audit is an excellent example of where good business practice and regulatory requirements c...
The file audit is an excellent example of where good business practice and regulatory requirements can be combined to a positive effect. The Financial Services Authority (FSA) has the power to inspect client files at any time, however, any well run broking business should be able to demonstrate that it has the facts about its clients' insurances documented on file.
Without accurate client records, it is impossible for a firm to provide a high level of service and in the event of a dispute the
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
- Aviva to open branches in Chelmsford and Southampton
- Dual to open two UK offices as McGinn’s regional push gathers pace
- Wakam receives PRA approval for new £500m GWP UK insurer