Conduct of Business Code for Non-Long Term Insurance

Closes 2 Feb 2018

Opened 14 Nov 2017


CP17-11/T01 sets out the Authority’s views on developing the Island’s existing regulatory framework to enhance the fair treatment of policyholders in relation to non-long term insurers through the issue of the draft Insurance (Conduct of Business) (Non-long Term Insurance) Code 2017 (“the Code”). 

The Code brings together the Authority’s work in this area and places conduct of business requirements on authorised insurers effecting non-long term contracts of insurance with third parties.

Why We Are Consulting

The enhanced conduct of business requirements have been consulted upon previously within CP17-01/T01. As a result of the consultation feedback, the Code has been refined, and a revised draft of the Code is now issued for a final consultation.


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