Leela
Insurance annuity sales and best interest
AN-04
Draft

Supervise recommendations and remediate exceptions

Requirement

Operate an insurer supervision process for covered recommendations. Review exceptions, verify relevant supporting information, track corrective action and maintain records for the governing retention period.

Trigger

Event-driven

Before issuance where required and in risk-based oversight

Action

Operate an insurer supervision process for covered recommendations. Review exceptions, verify relevant supporting information, track corrective action and maintain records for the governing retention period.

Evidence
  • Supervisory review and remediation log

    Controlled record with date, owner, source and review history

Owner

Annuity supervision lead

Leela can
Human required

A person must do the work; Leela can track it and file the evidence.

A qualified person performs and approves this control; Leela can organize its task and evidence.

Applies

Tell Leela about your company to see whether this applies.

Status
Setup needed

Tell Leela how you handle it today, or hand it over: see what’s next.

What’s next?