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Outsourcing by an insurer

Outsourcing by an insurer

Requirements regarding outsourcing by an insurer are comprehensively set out in the Prudential Standard GOI 5 and one would think it is simple, but is it? Adv Freddie Eilers, MD of Assent Legal, penned this article for Cover magazine’s October edition. Many insurers outsource material and non-material business activities to providers for various reasons. Some of these reasons include an opportunity for Insurers to have access to expert...

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