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X-WR-CALDESC:Events for The Lime Street Guide
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DTSTART;TZID=Europe/London:20230425T100000
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DTSTAMP:20260503T175349
CREATED:20230322T153627Z
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UID:80770-1682416800-1682421300@www.limestreetguide.com
SUMMARY:FCA GI Consumer Duty and update
DESCRIPTION:In this comprehensive and interactive webinar\, Branko Bjelobaba FCII gives an update on the FCA’s general insurance consumer duty – what it means and how you can be prepared for the next changes. \nDescription\nThe FCA has made it clear that some firms may be further behind in their thinking and planning for the Duty. This brings a risk that they may not be ready in time\, or they may struggle to embed the Duty effectively throughout their business. A recent review highlighted three key areas where firms should particularly focus their attention during the second half of the implementation period (to 31 July 2023): \n\nEffective prioritisation\nEmbedding the substantive requirements\nWorking with other firms (many firms need to work and share information with other firms in the distribution chain\, but some plans gave little focus to this area).\n\nThis general insurance focused session also includes an update on Product Value Assessments (note the FCA criticised insurers for their lack of progress with this). Both brokers and insurers have an important role to play\, and this session will ensure you understand what you have to do and what changes need to happen in year two of the process to ensure it all gets done. \nLearning objectives\n\nWhat is the new Consumer Duty and what will you have to do?\nA reminder as to current issues when it comes to general insurance\nKey aspects of the product governance rule to include product value assessments\nPresent position on multi-occupancy insurance and the ramifications of this for insurers and brokers alike\n\nSpeaker\n\nBranko Bjelobaba FCII\, Senior Consultant on FCA Compliance\, Branko Limited\n\n		\n\n							\n					Share this event with your colleagues:\n				 \n			\n			\n\n								\n		\n\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Facebook\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Twitter\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																LinkedIn\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Email\n									\n						\n\n											\n					\n									\n			\n					\n		\n			\n		\n		Visit Event Website
URL:https://www.limestreetguide.com/event/fca-gi-consumer-duty-and-update/
LOCATION:Online
CATEGORIES:Online,Education & Training,CPD Certified
ATTACH;FMTTYPE=image/png:https://www.limestreetguide.com/wp-content/uploads/2017/09/logo-the-insurance-institute-of-london-e1539464378247.png
ORGANIZER;CN="The%20Insurance%20Institute%20of%20London%20%28IIL%29":MAILTO:Iil.london@cii.co.uk
GEO:51.533166;-0.130418
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