Total global real premium growth to rise only 2.2 per cent annually, on average, in the next two years.
Past and current conduct may affect an agent’s suitability to hold a license.
Premiums forecast to grow on average over the next two years.
Having human expertise available in the near term is critical.
Failing to report information may result in financial penalties.
Encourages the addition of a know your client standard to address instances of fraud.
Commercial insurance provides employment for over 56,000 people in the country.