What structural changes required in insurance organisation?
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the safety and soundness of insurers, and the protection of policyholders. The Financial Conduct Authority . regulates how these firms behave, as well as more broadly the integrity of the UK's financial market.
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State regulation has proven that it effectively protects consumers and ensures that promises made by insurers are kept. Insurance regulation is structured around several key functions, including company licensing, producer licensing, product regulation, market conduct, financial regulation and consumer services.
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