IT system introduces fresh strategy for PPI compliance
Technology could help insurers become compliant with new payment protection insurance (PPI) regulati...
Technology could help insurers become compliant with new payment protection insurance (PPI) regulations, according to software specialist ILOG.
Steve Burnham, UK insurance spokesman for ILOG, has warned that, in light of the recent crackdown by the Financial Services Authority (FSA), the insurance sector is still in danger of mis-selling PPI policies.
"The UK market has always been fairly resistant to technology," Mr Burnham said. "With the FSA imposing an increasing amount of regulation, it's
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