New travel product aims to cut red tape for brokers
AIG Europe has joined forces with independent Lloyd’s broker John Holman and Sons to launch a new travel insurance product available to brokers through an extranet system, which it claims reduces administration while ensuring compliance with Financial Services Authority regulations.
The Websure extranet technology has been developed by Sheraton Systems Limited in response to FSA rules on insurance sales. The system looks to guide the broker through the necessary regulatory stepsOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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