This guidance applies to all lawyers who from time to time help their clients put in place insurance policies. Property, corporate, probate and litigation colleagues should pay particularly close attention. Arranging insurance is caught by the Insurance Distribution Directive. It is an "Insurance Distribution Activity".
If you are involved in Insurance Distribution activities, you must have the appropriate knowledge and ability to perform your duties adequately. Before you arrange any insurance for a client you must read these provisions and watch the training webinar on this topic. This should also form part of your continuing competence.