Insurance Distribution Directive (IDD)

Objectives

On completion of this tutorial, you will be able to:

• Define the scope and objectives of the Insurance Distribution Directive (IDD)

• List the key provisions of the IDD, including registration, professional and organizational requirements, the introduction of the Insurance Product Information Document (IPID), and the rules for insurance-based investment products (IBIPs)

Tutorial Overview

The European Union’s Insurance Distribution Directive (IDD) is intended to promote competition, consumer protection, and a level playing field in insurance distribution. This tutorial provides a high-level overview of the IDD and describes its key provisions and their implications.

Prerequisite Knowledge

None

Tutorial Level

Introductory

Tutorial Duration

45 minutes