... such income (in full or in part) at the affordability assessment. In the event of doubt, authorized insurers and licensed insurance intermediaries should adopt a prudent approach when performing the affordability assessment for such cases. Q10 Can authorized insurers or licensed insurance...

... policy holders (albeit the IA will always take account of the full context, facts and impact of any matter before it in this respect). 4. Scope of Application 4.1 This Guideline applies to all authorized insurers carrying on long term business and all licensed insurance intermediaries carrying on...

..., an AI Chatbot relies on the input – the question – being asked. But can the full context of a customer’s circumstances can be captured by such input alone? There may be things missed that the observation and intuition of a human broker or agent sitting in front of a customer and...

... lawyers would have inevitably been involved in insurance work at some stage in their practice. 4. I started my legal practice some 40 years ago as a litigator. In those days litigations would mean either recovery of debts or insurance claims in running down cases. I still remember my first full trial in...