Nan Shan Life is Fined 30 Million New Taiwan Dollars Over Envision Project
Posted on 09/30/2019
Taiwan’s Financial Supervisory Commission fined Nan Shan Life Insurance Co NT$ 30 million, or about US$ 1 million, over the insurance company’s failure to fix its information technology system dubbed the Envision Project. The IT system created problems for roughly 152,000 policies sold by Nan Shan Life, according to Taiwan Insurance Bureau Director-General Shih Chiung-hwa. […]
