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Thursday, 27 June 2019 11:30

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How data can help with financial inclusion and affordability checks in insurance

Financial inclusion is a core priority of regulators and businesses. Being able to offer the best-in-class experience and make accurate decisions is integral and an ongoing strategic investment for nearly every business in every sector, including insurance.

Understanding components of customer affordability at the earliest opportunity is vital for making accurate affordability checks as part of the customer journey. This will help identify customers undergoing financial difficulty, giving better outcomes as customers can be offered appropriate payment options tailored to their circumstances, ensuring potentially vulnerable customers are treated fairly.

In this webinar, we’ll look at how you can work towards meeting the FCA guidance around affordability checks.

Join the webinar to discuss the following areas:

Current affordability landscape for insurance
What has the FCA said on the subject?
The challenge for insurance
The opportunities for insurance and benefit to customers
How can you perform affordability checks to inform decisions

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