September Regulatory Bulletin

Welcome to our September Regulatory Bulletin - this month we focus on the Insurance Distribution Directive, which came into force Monday 1st October, with an an important update regarding Insurance Product Information Documents (IPIDs) for Irish business and Product Oversight and Governance Information.

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This is an important update regarding Insurance Product Information Documents (IPIDs) for Irish business and Product Oversight and Governance Information.

The Insurance Distribution Directive comes into force next week and hopefully all your preparations are in place to reach compliance. Please read the following important information regarding IPIDs for Irish business and Product Oversight and Governance Information.

  • IPIDs will be included in the policy documentation, with the exception for Irish business where they will be available online in the Hiscox Broker Centre from Monday 1 October.
     
  • Product Oversight and Governance Information is now available here, please ensure you familiarise yourself with this.

Please find below links to your respective financial services regulator’s website for rules and guidance.

Should you have any questions or wish to discuss any of the above please email us at uk&[email protected]