The Insurance Distribution Directive – the main impact on insurance distributors

Intake Opening Soon 5:00 - 7:00pm Online

Bringing to light the impact and challenges of the IDD on the Maltese insurance market – where does your Company stand? Ensure enhanced understanding by attending this course to familiarise yourself and your Company with the main regulatory requirements and expectations within the IDD framework.

 

Description

This seminar aims to help insurance distributors to understand the obligations imposed through the IDD and how this directive was implemented locally through the Insurance Distribution Act, Rules, Guidelines and Conduct of Business Rulebook.

 

Course Topics

  • The IDD – the main topics
  • The implementation into the local regulatory framework
  • The main new requirements on insurance distributors
  • Implementation tips
  • Overview of the conduct requirements

 

Learning Objectives

Assisting local insurance intermediaries in ensuring that there are no gaps in their compliance frameworks against the IDD requirements.

 

Target Audience

Local insurance distributors mainly managing directors, compliance officers, directors and employees of insurance intermediaries.

 

Assessment Questions and Answers

In line with MFSA requirements, a short multiple-choice assessment will be provided by the trainer towards the end of the session. A Certificate of Attendance will be awarded to all students who attend the CPD (duration will be included on certificate). A Certificate of Achievement will be awarded to those who sit for the assessment and are successful (pass mark 60%).

Total Learning Hours

Full course: 2 hours

Hours include contact hours, supervised practice hours, self-study hours and assesment hours.

Trainers

Romina Lauri, B.Com (Hons.) Econ. (Melit), MA (Econ) (Melit), Dip (Insurance, Banking and Investments)

Ms Lauri is a seasoned Regulatory Compliance Expert focusing on various regulatory frameworks including the insurance undertaking and intermediary sector. Ms Lauri holds a number of PQ’d appointments as a Compliance Officer for various insurance entities

I'm interested in this course

If you are interested to join this course when the intake is open please fill in the form below.

Why Choose Us

MITC is made up of a close-knit team with a real passion for learning and insurance, who believe in the continuous development and empowerment of individuals through learning. We understand all of the nuances and challenges that come with insurance training and, that is why we’re here to help you get your training right.

Our courses are developed following in-depth research and consultation on the subject matter and the related market, thus ensuring participant needs are met. All our trainers are experts in their field and actively contribute towards the continuous development of the courses which they deliver.

Our training services are accredited by the Malta Further and Higher Education Authority (MFHEA) and the European Qualifications Framework platforms. MITC’s homegrown insurance programmes are recognised by the renowned Chartered Insurance Institute, UK.