BORA-advice-Contracts-of-Insurance-Bill-PUBLISHED.pdf [pdf, 250 KB]
...Including in part 2, subpart 4, which addresses disclosure duties for non-consumer insurance contracts, part 2, subpart 6, which relates to insurers’ duties, part 4, subpart 2 which relates to the duties of brokers in relation to premiums, and schedule 3 clause 5 which relates to a third party claimant requesting information. 12. In addition, we consider that the requirements are highly specific to the fair and transparent transacting of insurance contracts and therefore limit the...