Remove general-insurance-code-of-practice-and-hardship
article thumbnail

General Insurance Code of Practice and Hardship Continued 

Debt Recoveries

Our last article dealt with the recent changes to the general insurance code of practice, relating to the handling of vulnerable parties and matters of financial hardship. Careful consideration also needs to now be given to individuals experiencing financial hardship as a result of COVID-19.

article thumbnail

General Insurance Code of Practice and Hardship

Debt Recoveries

Reading Time: 8 minutes As of July 2021, the new general insurance code of practice came in to effect. Of particular relevance to our operations has been the changes to the code are parts 9 and 10 which deal with vulnerable customers and those facing financial hardship. . Internal policies and training .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

General Insurance Code of Practice Training

Debt Recoveries

Australian and New Zealand Institute of Insurance and Finance (ANZIIF) regarding the recent updates to the General Insurance Code of Practice. The Code was formally launched in early 2020, with all Code signatories to be compliant by 1 July, 2021. By Kirti Joshi and James McGuire. Disability.

article thumbnail

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

On July 30, the Federal Reserve Board announced that it is seeking individuals with a diverse set of expert insurance perspectives in life, property and casualty, and reinsurance issues to serve on its Insurance Policy Advisory Committee (IPAC). You may access this interactive tool at [link]. State Activities.