IPEC tightens screws on insurance firms

LIVINGSTONE MARUFU   The Insurance and Pensions Commission (IPEC) has instructed industry players to provide minimum guiding principles that will protect the rights, benefits and interests of policyholders under the Governance and Risk Management Directive as it tightens on firms. The directive, issued in terms of section 6(c) of the Insurance Act [Chapter 24:07], empowers…