Brokers welcome IDD impact
The Insurance Distribution Directive has been in force for one year.
The majority of brokers believe the Insurance Distribution Directive (IDD) has been good for the insurance industry, according to research by Ecclesiastical Insurance.
1 October marks the first anniversary of the introduction of the European-wide legislation, and the specialist insurer sought the views of 250 UK brokers to understand its impact on the industry.
The provider revealed almost two-thirds of brokers (63%) believe the IDD has been good for the insurance industry, with the figure
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