Sven Giegold

Insurance mediation

EU strengthens consumer protection on insurance products

After two years of negotiations the Council of the EU, the European Parliament and the European Commission agreed late Tuesday night on a compromise on the revision of the Insurance Mediation Directive (IMD II)/Insurance Distribution Directive (IDD) (1). The IMD II replaces the first Directive on insurance mediation (IMD I) and provides the new legislative […]