This is the fifth blog in our Royal Commission Response series with Finity. In this blog we look at the new product design and distribution obligations that will apply to insurers and underwriting agencies from 5 April 2021.
If you need advice on what the Royal Commission recommendations mean for your business, get in touch with The Fold’s team of experts.
In case you missed you missed them, here are the other blogs in this series:
Finity is a leading consulting firm with deep domain expertise in the general insurance sector. With actuarial, claims, risk, operations and strategic advisers, along with a cadre of data analytics specialists, the firm has become a trusted adviser to many insurers in the Australian market. Highly regarded for understanding of each client’s business and providing actionable, management-oriented advice. Finity was awarded the Insurance Industry’s Professional Services Firm of the Year in 2018. www.finity.com.au