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10 March 2011

Eurofinas: Differenzierte regulatorische Behandlungen für Versicherungsvermittler erforderlich


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Eurofinas believes that the distribution of products providing basic insurance coverage that are easy to understand and of relatively low premiums should be subject to a lighter statutory regime.


In its response to the European Commission’s consultation on the review of the Insurance Mediation Directive 2002/92/EC, Eurofinas takes the view that it is key to adapt statutory requirements to the different existing distribution channels, and therefore to endorse a differentiated regulatory treatment for intermediaries acting in an ancillary capacity, in particular for those acting under full responsibility of insurance undertakings or another intermediary already complying with the IMD.

In its position, Eurofinas also addresses the issues of professional and information requirements, conflicts of interests, level of harmonisation and scope of the Directive.

Press release

 


© Eurofinas


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