Consumer Duty & Regulatory Compliance

Our experts have experience in implementing Consumer Duty principles and policies in major insurance companies from a claims perspective.

Let us guide you through the regulatory labyrinth by simplifying the complex rules by providing the practical steps you will need to take to bring your business up to speed with the core principles.  These include putting retail customers at the heart of your business and ensuring good customer outcomes which does not necessarily mean that consumers will always get what they desire.

There are a number of simple steps that can be introduced quickly that will go some way to show that your business is progressing and committed to compliance with this important regulatory development.

Messaging and Culture Change

Customer Journey Review

Design and implementation of processes / reasonable adjustments

Policy drafting (i.e vulnerable customers, accessibility etc)

Training & Implementation

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