ICOBS 6 Annex 1 Responsibilities of insurers and insurance intermediaries in certain situations
This annex belongs to ICOBS 6.-1.4R2
The table in this annex modifies the general rules on the responsibilities of insurers and insurance intermediaries for producing and providing to a customer the information required by this chapter. The table does not include the responsibilities of insurers and intermediaries for producing the IPID (ICOBS 6.-1.5R).2
Situation |
Insurance intermediary's responsibility |
Insurer's responsibility |
|
(1) |
Insurance intermediary operates from UK establishment |
Production and providing |
None |
(2) |
Insurance intermediary does not operate from UK establishment, is not authorised, is selling connected contracts or is authorised professional firm carrying on non-mainstream regulated activities Insurer operates from UK establishment Customer habitually resident in the |
None |
Production and providing (but for pure protection contracts2 no policy summary is required unless the insurance intermediary does not operate from a UK establishment) |
(3) |
As (2) but customer habitually resident outside the EEA and insurer not in contact with the customer |
None |
None |
(4) |
As (2) but customer habitually resident outside the EEA and insurer in contact with the customer |
None |
Production and providing |
(5) |
Insurance intermediary does not operate from UK establishment |
None |
Production and providing |
1(6) |
Where ICOBS 6.5.1R2 applies |
Production and providing, as appropriate, where dealing with a consumer on renewal |
Production and providing, as appropriate, where dealing with a consumer on renewal |