Cross-selling (Art. 24 IDD)

Based on the provisions of Art. 24 para (1), an insurance broker shall be able to sell to its customers a motor insurance policy bundled with road assistance services (service which is not insurance) which might be provided by a third-party. Or, an accident insurance policy bundled with telemedicine services. Is the broker legally allowed to bundle such insurance products with those services which are not insurances?

As the IDD was transposed in Romanian legislation, the Art. 24 is identical. However, the secondary legislation does not cover at all the cross-selling activities described above. Furthermore, neither the allowed activities list, nor the reports to be submitted by the broker to the supervisory authority do not include eventual revenues from cross-selling activities described above.