Broking Break: Your Top 5
Axa buying XL dominated the headlines taking up two slots in the top five most read. However there was plenty more going on with an insurer going into liquidation, profits rising at Aviva and advice for brokers on GDPR.
5) Travelers’ Mark Crane urges brokers to take action ahead of GDPR
Mark Crane, technology practice lead at Travelers Europe, warned brokers of the dangers of not taking the incoming General Data Protection Regulation (GDPR) seriously.
Crane told Insurance Age that failing to comply with the new rules, which come into force in May 2018, could expose brokers to “significant risks, from reputational damage to a fine of up to €20m (£17.9m)”.
“Not following the
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