Insurance Archives

Last Call for Insurance Distributors: Get Ready for IDD-Compliant Competition

Post author:Krisztian Toth
Post published:July 5, 2018
Post category:Insurance

The clock is ticking: from October 1, 2018, the Insurance Distribution Directive and its transpositions into local law will be binding for the market players in all EU countries. With the two years originally given by the European Commission for preparation for insurance distributors and the delay of another six months, is it already a level playing field?

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We are featured in the Insurance Trend Report 2018!

Post author:Krisztian Toth
Post published:April 13, 2018
Post category:Insurance / Trends

The latest edition of the Insurance Trend Report by Insurance Factory is out now, and we are thrilled to announce that SCOLVO is featured with an article about the IDD regulation in the publication.

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Insurance Distribution with a Mobile Solution: Quick, Simple, Up-to-date

Post author:Krisztian Toth
Post published:March 1, 2018
Post category:Insurance

In today’s economy, insurance distribution faces several challenges in several fields, as the development of technology is in sharp contrast with the old workflows, not to mention compliance.

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Is CEE Prepared for the Insurance Distribution Directive?

Post author:Krisztian Toth
Post published:January 29, 2018
Post category:Insurance

A week before the original deadline of February 23, the European Commission has agreed to a delay of the implementation date of an important new rule for the insurance sector. The new deadline that will affect the national markets is October 1, but the respective local legislations should be adjusted by July 1, 2018. Let’s see how the different countries prepared for the Insurance Distribution Directive.

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IDD: The Insurance Sector’s New Regulatory Nightmare

Post author:Krisztian Toth
Post published:October 12, 2017
Post category:Insurance

Insurers are soon to face another probe regarding a recent regulation: besides the already known GDPR, the sector will have to comply with the Insurance Distribution Directive (IDD) of the EU. Digitalization and mobility offer a viable solution to that problem.

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Mobility Attracts Millennials to Any Job – Even in Financial Services

Post author:Krisztian Toth
Post published:April 13, 2017
Post category:Insurance / Millennials / Mobility / Recruitment / Retention / Technology

[spb_text_block animation="none" animation_delay="0" simplified_controls="yes" custom_css_percentage="no" padding_vertical="0" padding_horizontal="0" margin_vertical="0" custom_css="margin-top: 0px;margin-bottom: 0px;" border_size="0" border_styling_global="default" width="1/1" el_position="first last"] The Millennial generation is often undervalued and/or faced with high expectations: they’re considered lazy,…

Tackle Your Challenges with Mobile Solutions: Mobility for the Insurance Industry

Post author:Krisztian Toth
Post published:April 3, 2017
Post category:Damage appraisal / Enterprise mobility / Insurance / Mobile solutions / Process / Sales / Valuation

[spb_text_block animation="none" animation_delay="0" simplified_controls="yes" custom_css_percentage="no" padding_vertical="0" padding_horizontal="0" margin_vertical="0" custom_css="margin-top: 0px;margin-bottom: 0px;" border_size="0" border_styling_global="default" width="1/1" el_position="first last"] There are three main areas where mobile solutions present real answers to the insurance industry’s…