The IDD change in the law enables the granting of discounts for insurance and sales control according to the type of landlord. Dr. Johannes Fiala and Dipl.-Math. Peter A. Schramm explain why brokers must obviously be controlled by insurers. According to the “Draft Law on the Implementation of Directive (EU) 2016/97 of the European […]
Artikel zum Thema: Honorar-Versicherungsberater
Lawyer explains IDD law: Commission discounts are still possible
The draft for the IDD Implementation Act is causing a great stir in the insurance industry due to the still existing ban on commissions. Lawyer Johannes Fiala and actuary Peter Schramm have examined the draft and show that the ban is not dead. The legislator would like to strengthen fee-based advice as part of the […]
What the tariff change broker never reveals and rarely knows
The Ministry of Economic Affairs has submitted a draft bill to transpose the EU Insurance Distribution Directive IDD into German law. Accordingly, the ban on commissions remains in force and in future there will be “fee-based insurance consultants The SHI system should become more attractive for the self-employed. In the guest article, attorney Dr. Fiala […]
IDD: Berlin’s draft law holds some serious surprises
The Ministry of Economics has submitted a draft law to implement the EU Insurance Distribution Directive IDD into German law. Accordingly, the ban on commissions remains in place and in future there will be “fee-based insurance consultants. www.fondsprofessionell.de (published on 22.11.2016) Link: http://www.fondsprofessionell.de/news/recht/headline/idd-berliner-gesetzentwurf-birgt-handfeste-ueberraschungen-128945/