Insurance EuropeInsurance Europe
Position Paper
Insurance Europe proposal on the revision of the Insurance Mediation Directive

As the European Commission is expected to come forward with its proposal for a revised Insurance Mediation Directive (IMD 2) shortly, we believe that this is an appropriate occasion for Insurance Europe to restate the views on IMD 2 it had already made known under its former name of the CEA.

Insurance Europe supports a high level of protection for all consumers purchasing insurance products regardless of the distribution channel. We believe that the best way to meet the interests of consumer protection is for IMD 2 to recognise the diversity in insurance distribution markets across the EU, as they are adapted to consumers' cultures, needs and preferences, and reflect local traditions and environments. This diversity ensures that consumers have better access to insurance products, and stimulates competition on price and quality of products and services between product providers and intermediaries for the benefit of consumers.

Published 12 March 2012