Irish Distribution Regulation (IDR)
Event Information
About this Event
Join us for our half day Insurance Distribution Regulation Course.
The Insurance Distribution Regulation became law on the 1st October 2018. The regulations repealed the Insurance Mediation Regulations and transposed the Insurance Distribution Directive into Irish Law.
Topics Included:
- Expanded definition of Insurance Distribution vs Insurance Mediation
- Knowledge and Competency requirements for Insurance Distributors and interaction with the Minimum Competency Code and Regulations
- New or amended procedures:
- Requirement for Due Diligence process for Employees and the appointment of other Intermediaries
- Premium Account control procedures
- Complaints Handling procedures
- Requirement for Remuneration Policy
- Provision of Information:
- Compliant Terms of Business
- Statement of Demands and Needs
- Insurance Product Information Document (IPID)
- How the requirements relate to the Consumer Protection Code
Suitable for:
Designed for Compliance Officers and Individual Brokers to get to grips with the requirements of the regulations.
CPD:
This course is accredited with the IoB, III and LIAl
Approval for other bodies can be obtained on request.
A CPD certificate will be issued within a week of course completion.
Cost: €295 per person.
Full RegSol training timetable HERE
For further information, please don't hesitate to contact us:
info@regsol.ie
+353 (0)1 539 4884