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Algoritmic Registered an Innovative Model for “Value for Money” Measure non IBIPs Contracts

2023-02-27T16:36:29+02:00February 27th, 2023|News|

The principle of “value for money” for the customer of an insurance company was sanctioned by the EU Delegated Regulation on POG (Product Oversight Governance) and was subsequently taken up by IVASS Regulation no. 45 of August 4, 2020. EIOPA has also expressed itself on the subject several times, first in the document published in […]

EIOPA Asks for Better Value for Money in Bancassurance

2022-10-10T11:22:14+02:00October 10th, 2022|Bancassurance, News|

On October 4th, 2022 the European Insurance and Occupational Pensions Authority (EIOPA) issued a warning pursuant to Article 9, paragraph 3, of Regulation (EU) no. 1094/20104 with which it warns insurers and banks (as insurance distributors) on the high levels of remuneration and the presence of conflicts of interest in the sale of credit protection […]

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