UK PLC - regulation's golden guinea pig?

Has the early adoption of European Union regulation in the UK put insurance firms at a disadvantage, or has this head start placed them in a position of power to pursue pan-European business, John Needham asks

A number of insurers and brokers have commented that they feel as if they are getting a raw deal compared to their European counterparts in terms of European Union (EU) regulation. However, are UK firms really reaping rewards of a more onerous compliance environment?

Some might argue that there are two areas of regulation where this may be the case, the first of which covers the Insurance Mediation Directive (IMD), which was implemented in the UK in early 2005. In May 2008, the last country in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: