PIB Insurance Brokers’ Post

The Hungarian Insurance industry just got a boost with the introduction of the 2024 Digital Law. GoodID is excited to offer our identification package to help your company stay ahead of the game. Don't let compliance hold you back, turn it into a competitive advantage with KYC online identifications. Stand out from the rest and take advantage of our FREE consultation today. Book now and transform your business with GoodID! 🚀🔒 #HungarianInsurance #DigitalLaw #GoodID #KYC #Compliance #IdentificationPackage

A robust CCM platform like DocOrigin ensures communications meet legal requirements regarding privacy, data protection, and transparency across all affected documents. Read more 👉 Link in comment #Insurance #CustomerCommunications #Forms

Have you been told by a company that they can completely cover your sourcing compliance - registrations, insurance, the whole lot? All you need to do is pay an annual or monthly fee and they'll get it covered for you. Further still, is your business covered under one of these companies? If yes to either, we highly advise you watch our latest video where we have uncovered major red flags that could put your sourcing business at risk + an email confirmation from HMRC's AML Team on their stance. https://lnkd.in/ev8DJ5R9 #propertysourcingcompliance #businesssetup #propertybusiness #dealpackager #dealsourcing #propertysourcinguk #dealfinder

The end-of-life secure disposal of sensitive data is a business insurance policy. There comes a time in the life of any business when certain documents are no longer needed and can be disposed of. However, the #disposal of #sensitive data needs to be handled in a safe manner so that none of the information can fall into the wrong hands. Not only do you need to ensure compliance with local and international privacy legislation in order to avoid hefty fines, reputational damage and the potential loss of clients, ensuring that your intellectual property doesn’t end up in the wrong hands is one of the best business decisions you can make. https://lnkd.in/gVyfdgST #InformationManagement #SecureDestruction #DataDisposal #IdentityTheft #ConfidentialDataDisposal #DataDestruction

Here's this week’s Compliance Digest with a summary of two of the issues that have come into my industry news feeds this week. > The value of protection > Customer Due Diligence within KYC Feel free to share this with your colleagues or your network. If you would like Compliance Matters UK Limited to review your compliance systems and controls schedule a free, no-obligation consultancy call with us today. https://buff.ly/3XjhfRe #compliancemattersuk #ukfinancialcompliance #compliancedigest #protection #duediligence #kyc #knowyourcustomer

Texas’s new data privacy law heightens the liability associated with data collection and processing. Click below to learn how robust cyber insurance can help clients minimize the risk.  #CRCGroup #PlacingYouFirst #InsuranceIndustry #ThoughtLeadership

In the fast-paced world of technology, mistakes can happen. Ensure your #business is covered with Technology Professional Liability (Tech E&O) #insurance. Here's why you need Tech E&O: 👉 Legal Protection: Covers legal expenses if a client sues you for financial harm caused by your services. 👉 Professional Negligence: Protects against claims that your services didn't meet professional standards. 👉 Errors and Omissions: Covers unintentional mistakes or omissions that lead to client financial losses. Many businesses mistakenly believe they are covered by #generalliabilityinsurance, but it often does not protect against professional errors. Don't take chances. To ensure your company is covering all bases, you should conduct a full #risk management assessment. Contact us today to learn more about Tech E&O #insurance! #WIA

If you work in #finance and handle #compliance, you want as few false positives as possible when screening your client base against sanctions lists, PEP lists, adverse media lists, and internal company lists. You need software that is swift and sure, with just the right amount of caution. Too much and you get needless disruption. Too little may see your legal workplace protection under threat. The ideal? Software that meets all due diligence requirements, effectively, efficiently and economically. We’ve managed all this with ACTICO Customer Screening – and even more besides. https://bit.ly/3TsNaee #banks #insurers #insurancecompanies #insurance #sanctionslist #pep

ComplianceOne Insurance Newsletter - Sep 2024 issue is out! https://lnkd.in/gtr6ix55 The topics discussed in this monthly newsletter are as follows: IA Regulatory Updates (1) Statistics showed Hong Kong insurance industry posted first increase in gross premiums in 3 years (2) IA hosting AML/CTF Seminars for insurance practitioners in Oct 2024 (3) Hong Kong’s pivotal role in supporting Belt and Road projects (4) Sigma Report on World Insurance 2023: Hong Kong’s role as international financial center   #Compliance  #ComplianceOne  #HK  #InsuranceAuthority #IA #Insurancebrokers #RegulatoryUpdate