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🇪🇺EUNational transposition

Insurance Distribution Directive.

The IDD regulates the distribution of insurance products in the EU, requiring product oversight, demands and needs assessments, fair treatment of customers, and professional competence standards.

Maximum penalty

Member state specific penalties

Source: National transposition

Key requirements

Product oversight and governance

Demands and needs assessment

Fair treatment of customers

Professional competence and training

+2 more requirements in the complete guide.

Get the full IDD compliance guide →

Enforcement examples

Multiple insurers across EU

National regulators enforcing product governance and suitability requirements

Various

2024

How Tessera automates IDD compliance

Product governance compliance tracking

Demands and needs assessment documentation

Professional competence monitoring

Conflict of interest management

IDD compliance checklist

Essential steps to achieve and maintain IDD compliance.

1

Implement product oversight and governance procedures

2

Conduct demands and needs assessments

3

Ensure professional competence of distributors

+1 more steps in the full checklist.

Get your complete IDD compliance checklist - free →

Industries affected

Financial Services

Calculate your IDD exposure.

See exactly how IDD penalties apply to your revenue and industry profile.