Insurance Distribution Directive (IDD)
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)
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.