Misys Insurance Management has announced that its new regulatory support package, Equip, has now enrolled more than 500 students.

Equip provides an assessment feature to rate a business against its regulatory requirements, and a regulatory guide including business templates to help implement the requirements identified.

It also includes a training package to provide continuing assessment and individual tutor support.

Misys spokesman Simon Trott said the company was delighted with the take-up rate, adding: "Our message to brokers is to start preparing for regulation now, and Equip provides an ideal platform for them to do so at low cost."

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