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The Insurance Act: End of  Data Dumping?

One of the biggest changes for Risk Managers in the wake of the Insurance Act 2015 coming into force in August 2016 is a new responsibility for interpreting as well as collating risk data.

Topics: risk management data management duty of fair presentation insurance act compliance

The Insurance Act: A New Dawn for Risk Management

With the new UK Insurance Act coming into force August 2016 and applying to all insurance placed in the UK market, it is vital that companies act now in order to get their ‘houses in order.’ It is certainly a case of ‘fail to prepare, prepare to fail’ when it comes implementing the right systems and processes now required.

Topics: risk management duty of fair presentation insurance act compliance