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Recent regulatory developments of interest to insurers and their intermediaries. Includes the UK FCA latest expectations of firms following the BI insurance test case, and more.
Contents
Pre-existing medical conditions: BIBA travel insurance directory
Supervision of control functions: IAIS consults on draft Application Paper
COVID-19: FCA Dear CEO letter on BI insurance test case and outcome table
On 22 and 29 January 2021, the FCA updated its
webpage on its business interruption (BI) insurance test case. The FCA has published:
a
Dear CEO letter on the FCA s next steps and its expectations of insurers (and managing agents);
In a way to ease the burden on its customers and for a seamless service delivery to them, Investment One Financial Services Limited, a leading financial and investment services provider in Nigeria, has created a toll free communication line to further enhance customer satisfaction.
In a statement, the Company said that the new initiative was a value added service to its existing and prospective clients.
The initiative according to the Company is also to cater for the wellbeing of its clients as they will not need to visit its offices physically to do their business transactions in this era of Covid-19 pandemic. “We want our clients to keep safe by keeping a social distance while they stay at home to transact business with us at no cost,” a source in the company disclosed .
Youth jobs crisis: schemes set up to help young people find work Fiona Simpson Tuesday, January 5, 2021
The pandemic has seen the number of young people in work reach a record low level. Experts say government schemes are short-term solutions, prompting youth organisations to develop their own support programmes.
Charities and youth work organisations are offering free training and mentoring schemes for disadvantaged young people. Picture: Pressmaster/Adobe Stock Register now to continue reading Thank you for visiting
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