London Market warning for contract certainty regime
The London Market remains in a precarious state of readiness for the new contract certainty regime. ...
The London Market remains in a precarious state of readiness for the new contract certainty regime. According to a recent survey, conducted by Skywire Software, only 20% of the largest insurers have moved to primarily electronic document storage.
Contract certainty requires that brokers and insurers provide clear, comprehensive and fully-agreed documents for 85% of all policies before policy inception.
"The challenges of achieving compliance with the current contract certainty rules demands a
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