General insurance provider, Berkeley Alexander, alerts brokers to the impact today from the Insurance Distribution Directive (IDD) rule changes, which come into force in October.
The IDD regulates how insurance products are sold. Whilst the rule changes don’t come into force until 1st October 2018, the rules will apply to any advice or work done between now and then on any policies which have an inception date or renew from 1st October2018 onwards. Continue reading