Changes to bring new level of professionalism
A new code of conduct is striving to make big changes in long-term business on the Island.
The Insurance Code 2018 has been in development for three years and is now ready to be implemented in the new year.
With an emphasis on conveying more transparent information to customers, the code allows for greater consumer confidence.
CEO of Old Mutual Isle of Man, Peter Kenny, says these new regulations serve to move the Isle of Man to a new level of professionalism in the industry.