COMPLIANCE &
RISK MANAGEMENT

Regularly checking the wordings you are using:

 

• Ensures they are up to date and compliant

• Guards against “product creep”

• Prevents issues with clients / regulators

• Helps you to demonstrate the value of good products for the premium

• Gives you confidence in internal audits and product governance reviews

• Ensures your wordings and their IPIDs are clear and consistent

• Keeps your compliance and legal departments happy!