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DA on product oversight and governance requirements for insurance undertakings and insurance distributors

Banking and financial services

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Public consultation

ID: 1109

Lobbying Activity

13 responses

Consultation response

Insurance Europe, 16 Aug 2017

Please find attached the Insurance Europe feedback on the DA on product oversight and governance.

Consultation response

Gesamtverband der Deutschen Versicherungswirtschaft e.V., 17 Aug 2017

Please find attached the comment of the German Insurance Association (GDV) 6437280268-55

Consultation response

Intesa Sanpaolo, 16 Aug 2017

The group welcomes the European Commission’s delegated acts concerning the Insurance Distribution Directive (IDD). In particular, we support the approach of setting as principles underpinning the advice, the principle of proportionality along with the consistency with MiFID II. These principles…

Consultation response

Allianz SE, 16 Aug 2017

1. Our recommendation is to align effective dates of the different legal acts regulating insurance distribution (IDD). 2. For both Delegated Regulation (Ref. Ares(2017)3675955 and Ref. Ares(2017)3670050) supplementing Directive (EU) 2016/97 it is stated that it shall apply from 23 February 2018…

Consultation response

European Federation of Investors and Financial Services Users, 16 Aug 2017

BETTER FINANCE, the European Federation of Investors and Financial Services Users, welcomes this initiative and thanks the European Commission for the opportunity to comment on the Delegated Act on product oversight and governance requirements for insurance undertakings and insurance…

Consultation response

Associazione Nazionale fra le Imprese Assicuratrici, 8 Aug 2017

With reference to Commission draft Delegated Regulation on Product Oversight Governance for insurance undertaking and insurance distributors, please find herewith the comments from Italian Insurance Association (ANIA). 1. It’s really relevant that the possibility to sell outside of the target…

Consultation response

Verband der Privaten Krankenversicherung e.V., 17 Aug 2017

The German Association of Private Health Insurers (PKV) welcomes the draft Delegated Acts on product oversight and governance requirements for insurance undertakings and insurance Distributors. Please find attached our feedback.

Consultation response

Verbond van Verzekeraars / Dutch Association of Insurers, 16 Aug 2017

The Dutch Association of Insurers welcomes the draft Delegated Regulation on Product Oversight and Governance (POG) of the European Commission. The Dutch Association of Insurers represents the interests of private insurance companies operating in the Netherlands. Please find attached our comments.

Consultation response

Verband der Versicherungsunternehmen Österreichs / Austrian Insurance Association, 17 Aug 2017

VVO remarks on the Delegated Act on product oversight and governance (POG) General comments The Austrian insurance industry welcomes the current version of the delegated act as it reflects the principle of proportionality in several aspects. This ensures that the complexity and the…

Consultation response

Fédération Européenne des Conseils et Intermédiaires Financiers, 4 Aug 2017

FECIF appreciate that the proposal of the European Commission is consistent with the text of the IDD directive. There is neither "gold-plating" nor weakening of the underlying regulation for insurance distribution. The identification of the target market is understood at a general and abstract…

Consultation response

CNCEF Patrimoine, 17 Aug 2017

If we agree that manufacturers shall continuously monitor and regularly review insurance products they have brought to the market, shall identify issues and take appropriate action, we consider that they couldn’t systematically inform customers about the remedial action taken as they might have no…

Consultation response

BIPAR - European Federation of Insurance Intermediaries, 17 Aug 2017

Please find attached BIPAR comments on the IDD DA on product oversight and governance requirements for insurance undertakings and insurance distributors (POG)

Consultation response

Bund der Versicherten e.V., 17 Aug 2017

As Germany’s most important NGO of consumer protection related to private insurances (with more than 50.000 members) we would like to thank the European Commission for the opportunity to give a feedback for this draft. We would like to stress our strong support that this draft DA establishes the…