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Does the EU Insurance Mediation Directive Help to Improve Data Quality? - A Metric-based Analysis

URN to cite this document:
urn:nbn:de:bvb:355-epub-235937
Heinrich, Bernd ; Kaiser, Marcus ; Klier, Mathias Golden, Willie ; Acton, T. ; Conbo, K. ; van der Heijden, H. ; Tuunainen, V.K. , eds.
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Date of publication of this fulltext: 28 Mar 2012 14:57


Abstract

Most financial service companies view the requirements imposed by the insurance mediation directive (IMD) as a tiresome administrative burden, causing high costs but providing little benefit. In contrast, this article argues that the documentation requirements demanded by the IMD lead to a higher data quality and also to higher economic benefits. A significant improvement is proclaimed regarding ...

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