... duty as insurance brokers should be product-free when conducting this procedure. 12. In order to assess clients’ needs, Members should ensure that they understand, among others, the clients’:- 12.1 existing and potential financial commitments (e.g. monthly living and family expenses) and liabilities...

... agency (as applicable). These would include, without limitation, the duty owed by a licensed insurance agency or a licensed individual insurance agent to obtain prior consent from its appointing insurer before accepting an appointment by another authorized insurer. A licensed insurance agent should also...

... agency (as applicable). These would include, without limitation, the duty owed by a licensed insurance agency or a licensed individual insurance agent to obtain prior consent from its appointing insurer before accepting an appointment by another authorized insurer. A licensed insurance agent should also...

... agency (as applicable). These would include, without limitation, the duty owed by a licensed insurance agency or a licensed individual insurance agent to obtain prior consent from its appointing insurer before accepting an appointment by another authorized insurer. A licensed insurance agent should also...

... the dispute concerns an alleged non-disclosure, misrepresentation, incorrect application, negligence, breach of any legal obligation or duty or maladministration on the part of an insurer. 6.1.4c Non-claim Related Mediation Service Where the parties concerned in dispute have failed to reach an...

... the exit strategy and the relevant details of the exit plan; or c. any other adverse event (actual or potential) that is material to the proper operation of the Insurtech Sandbox trial and/or official launch (e.g. cybersecurity breach, leakage of personal data of customers, material system failure etc...

... of good faith, often called the principle of utmost good faith. It means that each party is under a duty to reveal all vital information (called material facts) to the other party, whether or not that other party asks for it. For example, a proposer of fire insurance is obliged to reveal the relevant...

... licensed insurance broker should not harass, coerce or use undue influence to induce a client to enter into a contract of insurance or to make a material decision3. 1.4 Prevention of Bribery (a) A licensed insurance broker should be familiar with and not contravene, and should ensure that its employees are...

... licensed insurance broker should not harass, coerce or use undue influence to induce a client to enter into a contract of insurance or to make a material decision3. 1.4 Prevention of Bribery (a) A licensed insurance broker should be familiar with and not contravene, and should ensure that its employees are...

... licensed insurance broker should not harass, coerce or use undue influence to induce a client to enter into a contract of insurance or to make a material decision3. 1.4 Prevention of Bribery (a) A licensed insurance broker should be familiar with and not contravene, and should ensure that its employees are...