Operational Guidance – Imposing sanctions under the 2020 General Insurance Code of Practice
View: Operational Guidance – Imposing sanctions under the 2020 General Insurance Code of Practice
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The General Insurance Code Governance Committee (the Committee) has published its “Operational Guidance – Imposing sanctions under the 2020 General Insurance Code of Practice” (Operational Guidance).
The Committee has drafted the Operational Guidance to assist all stakeholders understand the process for determining whether the Committee should impose a sanction on a Code subscriber, as well as the types of sanctions that are available.