Leela
Insurance licensing and distribution
IL-04
Draft

Review outsourced distribution

Requirement

Sample intermediaries, websites and referral arrangements for activity beyond approved authority. Update contracts and supervision, and close corrective actions. The review interval is a company control.

Trigger

Annual

At onboarding and the company’s annual distribution review

Action

Sample intermediaries, websites and referral arrangements for activity beyond approved authority. Update contracts and supervision, and close corrective actions. The review interval is a company control.

Evidence
  • Distribution review and remediation evidence

    Controlled record with date, owner, source and review history

Owner

Distribution compliance 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?