Insurance Post

Blog: Less than six months to the SIMR - How to prepare

paul-smith-

The introduction of Senior Insurance Managers Regime is set to transform organisational structures throughout the insurance sector. With less than six months to go until the legislation comes into force, much of the industry is simply not prepared and risks falling short of its requirements.

Ever since the Prudential Regulation Authority and the Financial Conduct Authority outlined their plans to reform accountability and responsibility within insurance boardrooms and introduce controlled

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