UK Insurance Distribution Directive regime

This Overview is a guide to the Financial Services content within the UK Insurance Distribution Directive subtopic, with links to the appropriate materials. The subtopic focuses on the transposition and implementation of Directive (EU) 2016/97 (the IDD) in the UK as well as the post–Brexit UK IDD regime following the UK’s withdrawal from the EU. For information about the EU’s IDD framework, see Insurance and reinsurance (EU Law)—overview.

UK IDD regime

The IDD covers all market participants who distribute insurance products, thus bringing insurance and reinsurance intermediaries as well as insurance and reinsurance undertakings into scope. The IDD also sets out organisational and conduct of business requirements and introduced requirements in areas such as product oversight and governance and enhanced conduct rules for insurance-based investment products (IBIPs). The IDD aimed to harmonise the implementation of the provision of insurance and reinsurance distribution across Member States, provide consistency in the sale of insurance and reinsurance products, increase consumer protection and promote cross-border integration. EU Member States were required to implement the IDD into national

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