Dentons US LLP

10/03/2024 | News release | Distributed by Public on 10/03/2024 05:04

POJK 8/2024 concerning Insurance Products and Marketing Channels for Insurance Products Comes Into Effect in October: Is Your Company Ready

October 3, 2024

With the enforcement of POJK 8/2024 this October, insurance and Sharia insurance companies must ensure compliance with new requirements related to product approvals, digital policies, and marketing channels. These regulatory changes are expected to reshape the way businesses operate, necessitating swift adjustments to internal policies and procedures.

Dentons HPRP's legal expert, Michael A. Kaihatu (Partner), has prepared an article that outlines the key provisions and obligations under POJK 8/2024, offering a roadmap for companies to stay ahead and maintain regulatory compliance. The article also provides in-depth insights into how these regulations may impact insurance companies and shares practical, actionable steps to help businesses adapt effectively. With industry-leading expertise, his analysis highlights both the challenges and opportunities presented by these new rules. This essential guide is a must-read for insurance businesses to ensure they are fully prepared for the upcoming changes.

Download the article here:

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