ARCHIVE NEWS
Time for Trust-Based Change in the Insurance Sector
As sector professionals await SEDDK's move to a rating system, the importance of a trust-based business culture and professional ethics is stressed.
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Sector professionals are awaiting SEDDK's move, through its supervisory and regulatory powers, to a rating system. Such interventions are noted to have negative effects on the sector. It is stressed that colleagues should prioritise upholding ethical values and be more careful in their communications. While the importance of a trust-based business culture is noted, it is stated that all sector stakeholders should adopt a respectful and inclusive approach. In this context, keeping professional ethics and responsibilities at the forefront is encouraged.