Finity experts, Leanne Angell, Raj Kanhai and Geoff Atkins recently hosted a webinar looking at how the new regulatory environment will impact underwriting agencies.
Polls taken during the webinar found that an impressive 92% of attendees had experienced average or better, cooperation between insurers and underwriting agencies in preparing for DDO. But there is still a way to go, with over three quarters not yet ready to release their Target Market Determinations.
The webinar looked at:
- What regulation is coming in 2021?
- Design and Distribution Obligations (DDO) and how to take ‘reasonable’ steps to ensure products are distributed consistently with the Target Market Determination (TMD)
- Claims as a Financial Service – and how claims can be managed ‘efficiently, honestly and fairly’
For more information about regulatory changes in financial services contact: