Change on the horizon
Emmanuel Kenning looks at the start of the planning process for the technology implications of Solvency II, an issue that will loom larger for brokers in 2010.
Whether you like thinking about it or not, the "comprehensive new framework for insurance supervision and regulation - introducing across the EU a more sophisticated, risk-based approach to supervision and capital assessment", as the Association of British Insurers defines it, will ultimately affect brokers.
However, there are still a lot of significant details to be resolved concerning the European Union's Solvency II Directive and debate will continue before the final rollout in 2012.
With dry
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