SI Consulting offers experienced consultants within IDD (Insurance Distribution Directive).
On December 3, 2015, the European Parliament’s and Council’s Directive on Insurance Distribution (IDD), was adopted including a decision to terminate the Insurance Assurance Directive (called IMD).
The new provisions of the IDD Insurance Distribution Directive are aimed at strengthening consumer protection, educating clients of a more complex financial market, and harmonizing legislation between EU member states. This will be implemented in Swedish law through a new insurance distribution act. IDD introduces new and strict rules for the distribution of insurance carried out by insurance companies, reinsurance companies and insurance intermediaries. The new rules will apply from February 23, 2018
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