Amendments come into effect on January 1st
The chief executive of the Financial Services Authority insists customers WILL notice changes to regulations in the insurance sector.
Measures are being taken to bring them in line with international expectations after more than four years of planning.
The amendments brought about by the Insurance Code 2018 come into effect on 1 January.
Karen Badgerow says the changes aim to reflect similar moves in neighbouring jurisdictions.

Decision over Peel telegraph poles "should still stand", says minister
Inflation rate unchanged in May
Carers: 'They are often the quiet heroes of our Island'
Hooper: 'Time to bite the bullet and build new hospital'
'No final decisions' made yet about relocating dementia patients says Manx Care