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ADR and Insurance-Based Investment Products

  • Jacquetta CastleEmail author
  • Jonathan Hyde
Chapter

Abstract

This chapter aims to offer an overview of European ADR as it concerns insurance-based investment products. To do so, it charts the development of ADR in the EU, with particular reference to financial services. It then considers particular European ADR schemes that concern insurance-based investment products. It further examines the development of FIN-NET and the harmonisation of ADR in relation to insurance-based investment products across Member States. In doing so, the chapter examines some of the challenges that face Member States and the EU in promoting ADR in this area, and how further progress can be made.

Abbreviations

ADR

Alternative Dispute Resolution

CEFAREA

Centre Francaise d’Arbitrage de Reassurance et d’Assurance

EC

European Commission

EEA

European Economic Area

EIOPA

European Insurance and Occupational Pensions Authority

EU

European Union

FFSA

Federation Francaise des Societes d’Assurance

FOS

Financial Ombudsman Service

GDV

Gesamtverband der Deutschen Versicherungswirtschaft

IBIPs

Insurance-Based Investment Products

IDD

Insurance Distribution Directive

IMD

Insurance Mediation Directive

IPF

Direccion General de Seguros y Fondos de Pensiones

IRSG

Insurance and Reinsurance Stakeholder Group

ODR

Online Dispute Resolution

PPI

Payment Protection Insurance

RIAD

International Association of Legal Protection Insurance

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.ArgoGlobalLondonUK
  2. 2.British Insurance Law AssociationLondonUK
  3. 3.DWF LLPLondonUK

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