Aunna Association has sent its Members and Associates a dossier with documentation so that they can prepare from home for the transposition of the new IDD Insurance Distribution Directive. The dossier includes model forms, contracts, information sheets and transparency policies adapted to the new requirements of the Law, so that Members can study from home the new features to which they will have to adapt in the near future .
As Justo Arroyo, head of the Legal Department, explained, our intention is to “inform Partners and Associates about the new features of the Distribution Law and how they affect their day-to-day activities. Mainly, the obligations change when informing the client in advance. It is necessary to establish a policy of transparency, the use of two separate bank accounts and the nomenclature changes that the Law entails. There will be two types of sale according to the new legislation: informed sale and advised sale, which is what the broker will offer when giving a personalized recommendation adapted to the needs and demands of the client” . register movie maker 2019
“This is not something new”, continued Justo Arroyo, “because since last year’s Assembly the Partners and Associates have been informed about the IDD, but now, the Board of Directors has wanted to reinforce the knowledge and implementation of progress of the application of these obligations, since it is the Law that regulates the professional activity of the insurance broker . coreldraw x6 free download
To conclude, he stressed that the objective of this initiative is that «all our members know and perfectly apply the Law, especially the part that affects the prior information that the client must receive , regardless of the sales channel» . filmora x crack
