Information Barriers in the Insurance Sector E-learning Course
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45 Minutes -
For all staff
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UK
This 45-minute course explains what information barriers are, the kinds used in the insurance sector, and the laws that make them necessary. It examines the difference between public and private side information within a firm, and identifies the conflicts that arise when information moves between the two.
Insurance groups often combine underwriting, broking, claims and investment activity under one roof, which creates conflicts that clients rarely see and regulators reliably look for. Barriers only work when staff know they exist and why. This course makes the boundaries visible to the people working either side of them, which supports both your conflicts register and your handling of confidential client information.
What you’ll learn in
this course
- Understand what information barriers are
- Identify the laws and regulations driving the need for Information Barriers
- Examine the difference between public and private-side information in a firm
- Recognise what conflicts can arise due to flow of information in an insurance company
- Know how information barriers work to control the flow of information
- Explain how violations of Information Walls are handled