The U.S. firm, which provided software for insurance advisors to monitor their clients’ in-force life insurance policies and identify sales, closed down last week
The ICBC, AMF and ICS are considering key changes to supervisory and oversight rules, CE requirements, use of titles and licensing
The association expresses support for FSCO’s goals of treating consumers of insurance fairly and enabling innovation through fintech
Under the MoU, the two regulators will share information about investigations and disciplinary activity and may also undertake joint investigations
Study shows that Canadians who own insurance products tend to be more loyal to their advisors
Key challenge is in integrating platform into firms’ processes
Insurers’ strategy is to focus on advisors they can count on
By failing to implement a succession plan, you may be neglecting your responsibilities to your clients. Here are steps you can take to ensure the value of your business and fulfil the promises that you have made to your clients
Some insurance agents have raised concerns about the advisor screening, contracting and compliance initiative
New system needs more work to mesh with firms’ internal systems