Designated Professional Body Scheme for General Insurance Distribution Activities Workshop (UK)
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Overview
This workshop is intended to provide guidance and support for RICS regulated firms that are carrying out General Insurance Distribution Activities under the Designated Professional Body scheme. Further information regarding the scheme and requirements can be found here: Designated professional body scheme.
Some of the areas the workshop will cover are as below:
- What is the DPB Scheme and the scope?
- What is considered a regulated activity?
- The ‘incidental to’ test
- Professional Indemnity Insurance (PII)
- Training and competence
- Terms of Engagement requirements
- Demands and Needs requirements
- Insurance Product Information Document (IPID)
- Commission disclosures
- RICS’ audit programme
The workshop will also have an interactive exercise, and an opportunity to raise any questions you may have for one of our Finance technical specialists.
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