Xprimm Time for Business Conference - February 2, 2016

Media Xprimm held on February 2, 2016 the first edition of the Xprimm Time for Business conference within which were presented and analyzed the main legislative changes marking the insurance industry in 2016: implementation of Solvency II, the introduction of the fund resolution and changes in vocational training. You can find here the main views presented within the conference.

At the conference, Mr. Calin Rangu, Chairman of the Board of the FSI, presented the changes brought by the European Directive on Insurance Distribution (IDD), which focuses on the skills and abilities intermediaries.

As stated by Mr. Rangu competences are a set of knowledge, skills and personal and social abilities so that the person selling the insurance products can operate while in what concers the skills, the directive specifies what the intermediary must know and the focus is very much on consumer protection the sale of products. More here.