Setul Mehta: Challenges and opportunities for distributors and manufacturers

"We still need to do more to reduce complexity in our industry"

clock • 3 min read

Setul Mehta, head of intermediary distribution at AIG Life, reflects on 2023 for the protection industry and how the industry can work even closer together for the benefit of customers in 2024.

There is no doubt in my mind that insurers and advisers are working together and have done a lot of good for customers in 2023. Having moved from an adviser network to an insurer, it has opened my eyes to the challenges and opportunities in front of both distributors and manufacturers. Consumer Duty success Consumer Duty is a big regulatory change for our industry this year but financial advisers can feel confident the industry has their backs. Consumer Duty is embedded in everything distributors and insurers do. They've reviewed, scrutinised and checked every aspect of the clien...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Half of men uninformed on prostate cancer symptoms

Half of men uninformed on prostate cancer symptoms

45-54-year-olds had the greatest lack of awareness

Jaskeet Briah
clock 28 October 2024 • 3 min read
The COVER Review 2024: New partnerships, products and consumer trends

The COVER Review 2024: New partnerships, products and consumer trends

Episode four

COVER
clock 25 October 2024 • 1 min read
Half of drinkers to reduce their alcohol intake

Half of drinkers to reduce their alcohol intake

Aviva research finds

Jaskeet Briah
clock 23 October 2024 • 2 min read