Vulnerable Clients - Devon

The FCA have found following a thematic review that Vulnerable Customers are often not treated fairly. In fact, many insurers pricing models have taken significant advantage of these customers, often the more vulnerable the customer the more the insurers has loaded rates at renewal. Some of the UK’s largest institutions have been guilty of proactively targeting these individuals and the regulator has had enough of insurers and brokers balancing their books on the most vulnerable in society.

Alan has undertaken operational management roles in three major global companies – NatWest, RBS Insurance and Allianz. He has run underwriting, broking and claims functions and 10 years ago set up his own training company.

Learning Objectives:

• Background of the FCA’s thematic review and understanding why this became an issue.

• Who are Vulnerable customers? Understanding who this definition includes

• How to recognise vulnerable customers

• How to deal with Vulnerable customers

• What firms should do/have in place

There is free parking onsite, however, on arrival you must inform reception of your car registration number or you will be fined for parking there.

There are only enough spaces for up to 30 attendees.

Booking:

This event is being subsidised by your local institute, therefore making it FREE for members to attend.

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