Mr. Marc Beauchemin, a Business Law partner at Lavery, published an article entitled “Intervention de l’Autorité des marchés financiers relativement au problème des clients orphelins en assurance de personnes” (Intervention by the Autorité des marchés financiers with respect to orphan clients under insurance of persons contracts) in the September-October 2013 issue of Sécurité financière magazine, a publication of the Chambre de la sécurité financière.
In this article, Mr. Beauchemin analyzes a Notice of the Autorité des marchés financiers intended for representatives and insurers under insurance of persons contracts. The Notice focuses on the obligations of these professionals with respect to clients that can find themselves without any representative and are thus considered orphan clients.
To read this article (in French), click here.