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Exemption on commission

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In this podcast, Andrew Coutts, Head of Intermediated Distribution at Santam provides feedback to members on the exemption on commission and the role the FIA played in this regard. 

The FIA led the initiative to obtain an exemption on commission to help protect the intermediaries’ remuneration that would otherwise have been affected by premium relief initiatives offered by insurers.  

The FIA values the recognition and contribution made by Santam, followed by other insurers, to support the important role and financial position of intermediaries.

Click HERE to listen to the podcast.