Industry welcomes forthcoming Insurance Bill

03 Feb 2015

BLM consultant David Hertzell has spoken to Insurance Age about the forthcoming Insurance Bill and what big changes brokers can expect to see.

"...The broker usually has information that the policyholder doesn’t and will have an obligation to disclose more information and to be a more active participant in the process,” he said.

“Brokers are informed intermediaries and should provide advice to policyholders, and this means they also have an opportunity to add extra value to the transaction...”

To read the full article and to be redirected to the Insurance Age website, please click here.

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Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to customers of BLM. Specialist legal advice should always be sought in any particular case.

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