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17 November 2015
On September 1 2015 the Insurance Supervisory Authority (IVASS) published a draft decision on complaints management by insurance intermediaries, intended to amend and supplement ISVAP(1) Regulation 24/2008.
Among other things, the decision is designed to:
Comments and requests for clarification with respect to the rules may be sent to IVASS until November 30 2015.
The decision's introductory report states that in order to ensure that the implementation of EIOPA's guidelines complies with the principles of equity, reasonableness and proportionality, IVASS has found it necessary to make the following assignments and provisions:
The main changes that the draft decision has introduced include the following:
For further information on this topic please contact David Maria Marino at DLA Piper Italy by telephone (+39 02 80 61 81) or email (email@example.com). The DLA Piper website can be accessed at www.dlapiper.com.
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