[et_pb_section fb_built=”1″ _builder_version=”4.9.4″ hover_enabled=”0″ admin_label=”Case study – Miller” sticky_enabled=”0″][et_pb_row column_structure=”1_4,3_4″ _builder_version=”3.27.3″][et_pb_column type=”1_4″ _builder_version=”3.27.3″][et_pb_image src=”https:\/\/www.icsr.co.uk\/wp-content\/uploads\/2021\/12\/Case-Study-image-45-scaled.jpg” alt=”Case study product governance” title_text=”Case Study image 45″ _builder_version=”4.9.4″][\/et_pb_image][\/et_pb_column][et_pb_column type=”3_4″ _builder_version=”3.27.3″][et_pb_text _builder_version=”4.9.4″]<\/p>\n
[\/et_pb_text][et_pb_post_nav prev_text=”Previous case study” next_text=”Next case study” _builder_version=”4.5.1″ _module_preset=”default”][\/et_pb_post_nav][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.5.1″ _module_preset=”default”][et_pb_column type=”4_4″ _builder_version=”4.5.1″ _module_preset=”default”][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”3.27.3″][et_pb_column type=”4_4″ _builder_version=”3.27.3″][et_pb_text admin_label=”The Client’s needs” _builder_version=”4.9.4″]<\/p>\n
The Client\u2019s Needs<\/strong><\/p>\n The client is one of the leading specialist insurance and reinsurance brokers operating through Lloyd’s, the London market and internationally. The client required help undertaking a complete review of its Product Governance Framework and advice on how it needed to update this.<\/p>\n [\/et_pb_text][et_pb_text admin_label=”ICSR\u2019s Solution” _builder_version=”4.9.4″]<\/p>\n ICSR\u2019s Solution<\/strong><\/p>\n ICSR undertook an assessment of the client\u2019s existing product governance framework policies and compared these to the FCA requirements and our own model framework policies and procedures. We were able to quickly identify the areas that required more significant focus and help the client understand where additional work was required to meet its obligations and requirements under the Product Intervention and Product Governance Sourcebook (PROD) rules including design, approval, distribution, marketing and management of products throughout their lifecycle.<\/p>\n [\/et_pb_text][et_pb_text admin_label=”Resources deployed” _builder_version=”4.9.4″]<\/p>\n Resources Deployed<\/strong><\/p>\n A senior member of the ICSR team with significant experience in product governance matters undertook the initial review of the client\u2019s product governance framework, with an ICSR director overseeing the work and providing the client with specific advice on how it needed to update and refine its framework, policies and procedures.<\/p>\n [\/et_pb_text][et_pb_text admin_label=”Client Outcome” _builder_version=”4.9.4″]<\/p>\n Client Outcome<\/strong><\/p>\n The client was able to understand where and how it needed to update its Product Governance Framework, policies and processes to meet its PROD obligations.<\/p>\n [\/et_pb_text][et_pb_post_nav prev_text=”Previous case study” next_text=”Next case study” _builder_version=”4.9.4″ _module_preset=”default”][\/et_pb_post_nav][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”Similar case studies footer link” _builder_version=”4.9.4″ _module_preset=”default”][et_pb_column type=”4_4″ _builder_version=”4.9.4″ _module_preset=”default”][et_pb_text _builder_version=”4.9.4″ _module_preset=”default”]<\/p>\n [\/et_pb_text][et_pb_portfolio fullwidth=”off” posts_number=”4″ include_categories=”114″ show_categories=”off” show_pagination=”off” _builder_version=”4.9.4″ _module_preset=”default”][\/et_pb_portfolio][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”3.27.3″][et_pb_column type=”1_2″ _builder_version=”3.27.3″][et_pb_button button_url=”\/our-team\/” button_text=”Meet the team” button_alignment=”center” admin_label=”Meet the team button” _builder_version=”3.27.3″][\/et_pb_button][\/et_pb_column][et_pb_column type=”1_2″ _builder_version=”3.27.3″][et_pb_button button_url=”\/contact-us” button_text=”Contact us” button_alignment=”center” admin_label=”Contact us button” _builder_version=”3.27.3″][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" The client required help undertaking a complete review of its Product Governance Framework and advice on how it needed to update this. Read how we helped them.<\/p>\n","protected":false},"author":6,"featured_media":5043,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":""},"project_category":[122,112,121,114],"project_tag":[],"yoast_head":"\nOther similar work:<\/h3>\n