EU Insurance Directive

The EU Insurance Directive sets standardized rules for insurance companies operating across European Union member states. Its goal is to ensure consumer protection, promote fair competition, and improve market transparency. The directive requires insurers to meet specific financial stability standards, provide clear information about policies, and treat customers fairly. It also facilitates cross-border insurance services, making it easier for customers to access insurance products throughout the EU. Overall, it aims to create a more integrated and reliable insurance market, benefiting consumers and businesses within the EU.