Control of insurance distribution activities


Objectives :

  • Mastering the regulatory issues of insurance distribution
  • Setting up the systems to comply with the Directive on Insurance Distribution

Program :

1/ EVOLUTION OF THE LEGAL FRAMEWORK FOR INSURANCE DISTRIBUTION

  • Reasons for the emergence of Directive on Insurance Distribution
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  • Timetable for reform

 

 

 

2/ SCOPE AND FIELD OF APPLICATION FIELD OF THE NEW DIRECTIVE

 

  • Scope of application of Directive on Insurance Distribution
  • Definition of actors, products and distribution channels
  • Insurance-based investment products (IBIPs)

 

 

 

 

3/ NEW INFORMATION AND ADVICE FOR DISTRIBUTORS

 

  • Information obligations for life and non-life insurance products
  • The duty to advise
  • The fight against conflicts of interest
  • Transparency of remuneration

 

 

 

4/ NEW PRODUCT GOVERNANCE REQUIREMENTS

  • The product validation process
  • Definition of the concept of target market

 

5/ INFORMING ABOUT INSURANCE PRODUCTS

  • Life insurance disclosures
  • Information to be given for non-life insurance products

 

6/ LESSONS LEARNED FROM OF ACPR SANCTIONS ON THE DISTRIBUTION OF INSURANCE

7/ QUIZ ON BUSINESS PRACTICES

 

 

 

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