Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-143-500"
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"en.20111013.19.4-143-500"2
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"I have voted in favour of this report which depicts how the EU can use insurance guarantee schemes (IGS) in order to ensure that the risks facing policyholders in the event of the failure of an insurance entity are reduced. This report aims at strengthening support for consumer protection in four main areas: ensuring customer protection in the event of the bankruptcy of an insurer; ensuring equal consumer protection regardless of the ‘home’ state of the insurer; ensuring consumer protection in the event of fraud or mis-selling; and ensuring taxpayer protection in the event of IGS failure. I support the rapporteur’s view that these policy goals can be adequately met by a minimum harmonisation directive that ensures the same level of consumer protection regardless of the location of the insurer writing the policy."@en1
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