International Financial Services Centres Authority (Insurance Web Aggregator) Regulations, 2022 Chapter IV CORPORATE GOVERNANCE, OPERATIONS AND MANAGEMENT
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Professional indemnity insurance requires every insurance web aggregator to obtain and continuously maintain coverage under prescribed conditions. Professional indemnity insurance is mandatory for every Insurance Web Aggregator operating within the applicable regulatory framework. Each intermediary ... Summary
Professional indemnity insurance requires every insurance web aggregator to obtain and continuously maintain coverage under prescribed conditions.
Professional indemnity insurance is mandatory for every Insurance Web Aggregator operating within the applicable regulatory framework. Each intermediary must purchase and maintain insurance cover at all times, in the manner prescribed in Schedule 7. The continuing obligation falls within the corporate governance, operations and management requirements applicable to Insurance Web Aggregators.
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