Blog: Despite the IDD delay brokers have a lot of work to do
Ann Peel, technical consultant at Insurance Compliance Services, urges brokers to take action ahead of the implementation of the Insurance Distribution Directive.
Despite Brexit, the effects of another European Directive are starting to hit home ahead of its implementation.
The Insurance Distribution Directive (IDD) - which affects insurers, brokers and other insurance intermediaries - was due to be implemented by 23 February 2018 but following representations from industry representatives across Europe, its effective date may be pushed back to 1 October 2018.
While we await the decision of the European Parliament and Council on the proposed delay it is
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