This comprehensive and interactive joint Insurance Institute of London (IIL) and Branko Limited webinar will focus on the critical financial aspects of FCA rules – overall business solvency (compliance with adequate resources Threshold Condition 2.4), professional indemnity requirements/limits/issues (inc. Covid cover) and the onerous client money handling rules under CASS 5.

The FCA has had deep concern with brokers’ financial resilience and has issued several surveys on this plus client money handling arrangements culminating with the Dear CEO letter of 30 September 2020.

By the end of this webinar attendees will have gained insights into:

• What are the FCA’s concerns – the financial resilience and client money surveys
• Solvency and meeting adequate resources TC2.4
• Professional Indemnity Insurance – issues and limits
• CASS 5 – what is client money, how Risk Transfer can go wrong, what are monies held at third parties and what actually do you need to do to comply (inc. audits)

This webinar is relevant to general insurance brokers/intermediaries, their insurers and any other market participants.

This webinar will be hosted on Zoom. Please familiarise yourself with their T&Cs and Privacy Statement.