Debate on IMD hots up as insurers and buyers state case

Debate on IMD hots up as insurers and buyers state case

Debate on IMD hots up as insurers and buyers state case

Much of the European insurance sector pitched in last week at a public hearing on a proposed European Commission revision of the Insurance Mediation Directive (IMD) to argue that there were no real problems to be addressed. 

However, speaking for insurance buyers, Peter den Dekker, president of FERMA, said that the suggestion that everyone was happy with the current regulation of intermediaries was nonsense.