Public Practice Regulations - Update

Oct 12, 2018

The Public Practice Regulations have been updated to reflect the requirements of the Insurance Distribution Directive.

If a firm is a licensed firm or a firm authorised by the Financial Conduct Authority to conduct insurance distribution activities then the minimum limit of indemnity required for those activities must be equivalent to at least €1,250,000 for any one claim and €1,850,000 in total per annum.