Tag: Compliance Certification

Insurance policies often contain a standard clause requiring policyholders to comply with the laws of the country where the policy is issued. The intention behind the clause is to ensure that policyholders act in a lawful manner. Failure to comply may lead to policy exclusions or the denial of claims.

I am regularly concerned by just how easily and it may be argued intentionally a Professional Body misinterprets its obligation towards the enforcement of Ethical and Behaviourally acceptable conduct on the one hand, and on the other its obligation to ensure acceptable levels of competency and ongoing personal development to maintain that competent profile. These are neither the same thing, nor are they interchangeable.