Insights

Insurance Distribution Directive

In October 2018 IDD (Insurance Distribution Directive) will enter into force in the EU. Both group internal and external cooperation is common when distributing insurance, with the new legislation entering into force, companies need to start sorting out who is doing what. Is a license or a registration needed? And whilst doing that, do not forget about the GDPR aspect! Who is the controller and who is the processor in an insurance mediation arrangement? Read more about the Swedish proposal “lagen om försäkringsdistribution” here.