Brokers welcome IDD impact

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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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