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06.06.2007 - Lack Of IT Preparedness For Contract Certainty As London Insurers Sort Compliance Infrastructure

View RealWire related news. Only 20% have moved to primary electronic document storage LONDON - 6th June 2007- A new survey of the largest insurance companies in the UK has shown that only 20% have moved to primarily electronic document storage, leaving the majority in a precarious state of readiness for the new Contract Certainty regime mandated by the Financial Services Authority (FSA). Meant to speed the process of policy generation by business risk underwriters, Contract Certainty requires that...

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