Dear Valued Broker
Please note that in terms of the binder regulations no broker has the authority to in any way bind an insurer to risk without a written binder agreement with the insurer.
This includes risk acceptance, cover confirmation, cross border confirmation, appointment of assessors. Non-compliance may result in a policy being declared invalid and in regulatory action from the FSB.
Please ensure that you receive the relevant communication and / or documentation from Cross Country at all times.
Thank you for your cooperation.
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