BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//The Lime Street Guide - ECPv6.16.3//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:The Lime Street Guide
X-ORIGINAL-URL:https://staging.limestreetguide.com
X-WR-CALDESC:Events for The Lime Street Guide
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-Robots-Tag:noindex
X-PUBLISHED-TTL:PT1H
BEGIN:VTIMEZONE
TZID:Europe/London
BEGIN:DAYLIGHT
TZOFFSETFROM:+0000
TZOFFSETTO:+0100
TZNAME:BST
DTSTART:20190331T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0100
TZOFFSETTO:+0000
TZNAME:GMT
DTSTART:20191027T010000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:+0000
TZOFFSETTO:+0100
TZNAME:BST
DTSTART:20200329T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0100
TZOFFSETTO:+0000
TZNAME:GMT
DTSTART:20201025T010000
END:STANDARD
BEGIN:DAYLIGHT
TZOFFSETFROM:+0000
TZOFFSETTO:+0100
TZNAME:BST
DTSTART:20210328T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0100
TZOFFSETTO:+0000
TZNAME:GMT
DTSTART:20211031T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/London:20200928T100000
DTEND;TZID=Europe/London:20200928T110000
DTSTAMP:20260606T164455
CREATED:20200921T204555Z
LAST-MODIFIED:20200921T204555Z
UID:56993-1601287200-1601290800@staging.limestreetguide.com
SUMMARY:Webinar: FCA’s new supervision strategy for GI brokers
DESCRIPTION:This comprehensive and interactive joint Insurance Institute of London (IIL) and Branko Limited webinar will focus on the FCA’s new supervision strategy for general insurance brokers and will address head-on the key issues around selling and advice as featured in the ‘Dear CEO’ letter. \nIn the FCA’s ‘Dear CEO’ letter of 4 September 2020\, it sets out a new supervision strategy for GI brokers\, as it believes customers are buying unsuitable or poor value products; that insufficient or unclear information is being provided at point of sale and inappropriate sales tactics are the biggest contributors of customer harm. \nIn addition\, it is very clear from the FCA’s ground-breaking test case on business interruption insurance that insurers cite the clear accountability of brokers in the consideration of clients’ demands and needs; the advice that they gave and the explanation as to what is and is not covered. However\, in the 66 events Branko has delivered tor CII local institutes during lockdown\, he does not dispute that it is the insurers’ interpretation of their wordings that is at issue here and not the advice given by brokers. \nWhile there is no judgment\, there is an immediate exposure to brokers with the costs of PI cover going through the roof and the potential for claims to be made against brokers should the FCA not secure a conclusive win. This one hour event will highlight the issues for brokers all of whom will have arranged these covers for clients (and some will be classed as co-manufacturers under PROD) and encourage them to reassess their advice process under ICOBS and their overriding professional duty to clients. \nBy the end of this webinar attendees will have gained an insight into: \n • The FCA’s new supervision strategy for GI brokers\n • The threat to brokers in terms of the advice process\n • ICOBS and how to ensure your sales process is robust (demands and needs\, suitability\, advice/personal recommendation\, explanation of cover and summaries of cover)\n • Other relevant ICOBS and IDD requirements to include compulsory training\, product oversight and governance and conflicts of interest \nThis webinar is relevant to all client-facing staff and the firm’s senior managers at broking firms\, insurers and anyone with an interest in general insurance. \n		\n\n							\n					Share this event with your colleagues:\n				 \n			\n			\n\n								\n		\n\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Facebook\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Twitter\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																LinkedIn\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Email\n									\n						\n\n											\n					\n									\n			\n					\n		\n			\n		\n		Visit Event Website
URL:https://staging.limestreetguide.com/event/webinar-fcas-new-supervision-strategy-for-gi-brokers/
LOCATION:Online
CATEGORIES:Online,Education & Training,CPD Certified
ATTACH;FMTTYPE=image/png:https://staging.limestreetguide.com/wp-content/uploads/2017/09/logo-the-insurance-institute-of-london-e1539464378247.png
ORGANIZER;CN="The Insurance Institute of London (IIL)":MAILTO:Iil.london@cii.co.uk
GEO:51.533166;-0.130418
END:VEVENT
END:VCALENDAR