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Insurance Distribution Directive

ISBN: 978-3-030-52738-9
Editorial: Springer Nature
Licencia: Creative Commons (by)
Autor(es): Marano, Pierpaolo y Noussia, Kyriaki

The Insurance Distribution Directive (IDD1) came into force on 22 February 2016 and repealed the Insurance Mediation Directive (IMD2). EU Member States were required to implement it into their national laws by 1 July 2018 and had to apply their national rules from 1 October 2018.
Despite the European passport granted to insurance intermediaries by the IMD in 2002, the single market for insurance distribution remained very limited and fragmented. One of the key objectives of the IDD was therefore to further facilitate cross-border activities of insurance intermediaries, thus promoting the emergence of a genuine Single Market in insurance services.
[2021]

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