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Blog: Don't be phased by the IDD

businessman in red tape

Insurance companies and intermediaries responsible for selling insurance and reinsurance products should not be phased by the prospect of tightening rules to guard against mis-selling, following the publication of the first of two consultation papers about the Insurance Distribution Directive.

Much of the Directive, which is due to take effect on 23 February 2018, represents an enhancement to existing rules and builds on the changes introduced by the Insurance Mediation Directive in 2005

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