Brussels, 23/01/2014 (Agence Europe) - On Wednesday 22 January, the European Parliament's economic and monetary affairs committee decided on its negotiating position on the draft IMD2 directive on the role of brokers of insurance contracts.
The draft legislation aims to ensure the same level of consumer protection irrespective of the manner in which consumers take out insurance contracts, be it directly from an insurance company or indirectly through a broker (see EUROPE 10647). In exchange...