Solvency II: Brokers more accountable for data

Brokers with delegated authority may face increasing pressure from insurers to account for the whereabouts of data as the industry prepares to meet Solvency II regulations. 

Head of compliance at the British Insurance Brokers' Association, Steve White, said that while Solvency II would not directly impact brokers it was true that those with delegated arrangements would face demands from insurers to protect data and that they should also be prepared to be able transfer it quickly.

Read how in an interview published in Insurance Age Rob Stavrou, Northdoor's director of consultancy, discusses the impact Solvency II has on the adoption of cloud computing and virtualisation and implications for brokers.

Read the full article (links to an external site)

Know more? Contact the Northdoor Solvency II specialists.

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