IDD – what’s it all about?

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The Insurance Distribution Directive (not to be confused with the Initial Disclosure Document!) will replace the Insurance Mediation Directive (IMD) which was introduced in 2005. The IMD was designed to enhance consumer protection and promote competition between insurance firms across the European Union. The IDD has a wider application and aims to strengthen and consolidate the existing IMD rules. The first of two FCA consultation papers (CP) setting out the proposals for implementing the IDD…

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Clearstep Consulting A senior T&C, Learning and Development, Leadership and Change professional, with extensive experience in People Risk Strategy and Management, Conduct Risk, Regulatory Change, People Development, Cultural and Transformational Change.

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