Customised training

Understanding the practical impacts of the Insurance Distribution Directive (IDD)

Upon Request

2 hours

Arendt House41A, Avenue John F. Kennedy
L-2082 Luxembourg-Kirchberg
Luxembourg

500 €

English

About the training session

Objectives

Understanding the practical impacts of IDD when defining a distribution model for insurance products and when facing the client.

Content

  • Defining a distribution model: We will guide you through the regulatory framework to be taken into consideration when defining your distribution model with a particular focus on:
    • Product governance requirements (target market, product oversight and monitoring, etc.)
    • Remuneration requirements
    • Conflicts of interests
    • Who may be appointed as distributor:
      • Knowledge & competence requirements
      • Defining a European-wide distribution strategy (European passport, general good and other stricter rules applicable in other Member States)
  • Distributing insurance products to clients : We will help you understand the impact of IDD for the persons directly involved in client facing activities (or the setting-up of a website to be used) for the distribution of insurance and reinsurance products:
    • Needs analysis / Advice (including comparison website, etc.)
    • Information to be provided to the client
    • Specific rules applicable to the distribution of IBIPs

Question and answer session

A special focus will be placed on interaction with participants throughout the session and on question and answer sessions.

Speakers

Our speakers belong to both our specialised and complementary teams and as such cover all legal, regulatory, taxation and advisory aspects of doing business in Luxembourg. We invite you to check our training agenda where the speakers are listed on each training session.

Target audience

Insurance and reinsurance undertakings as well as insurance distributors.

Duration

2 hours.

Languages

English, French.


For more information please contact us by e-mail institute@arendt.com