Verordnung zur Umsetzung der Richtlinie (EU) 2016/97 des Europäischen Parlaments und des Rates vom 20. Januar 2016 über Versicherungsvertrieb

This regulation establishes rules for implementing the Insurance Distribution Directive (IDD). It aims to ensure that insurance products are sold transparently and that consumers receive high-quality advice tailored to their specific needs. Insurance companies, brokers, and distributors are affected by these rules. They must follow standardized procedures to improve consumer protection and ensure fair competition across the insurance market.