’Quite a bit of the essence of Consumer Duty is already present in the insurance broker market,’ says regulator’s director of general insurance
The FCA’s Consumer Duty regulatory requirements for insurance are an “iterative process, not a one and done thing”.
Speaking yesterday (23 February 2023) at Insurance Times’ BrokerFest 2023 event, the regulator’s director of general insurance (GI) Matt Brewis said: “Consumer Duty’s not going anywhere.”
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