|ITC Claim Compliance|
Thursday 2nd October 2014 3:19am
T: 0845 177 22 66
F: 0845 177 22 55
Regulation for General Insurance began in January 2005. The introduction of this regulation lead to a great deal of confusion, particularly around the secondary insurance market and for those organisations supplying support services.
In the case of Claims Management the answer is... it depends. And it depends upon whether or not you are working for the insurer or the customer or both. If you are working for the insurer then the answer is probably not. If however you are working for the customer then the answer is probably yes; and the same yes answer applies if you are working for both.
The simple answer is because you are caught by the wide definition of 'assisting in the administration and performance of an insurance contract' and this activity is regulated.
If I need to be regulated, what are my options?
To become an Appointed Representative of ITC simply complete the straight forward application by clicking apply to join or call us on 0845 177 22 66 for further information.