Does the EU Insurance Mediation Directive Help to Improve Data Quality? A Metric- Based Analysis

@inproceedings{Heinrich2008DoesTE,
  title={Does the EU Insurance Mediation Directive Help to Improve Data Quality? A Metric- Based Analysis},
  author={Bernd Heinrich and Marcus Kaiser and Mathias Klier},
  booktitle={ECIS},
  year={2008}
}
Most financial service companies view the requirements imposed by the insurance mediation directive (IMD) as a tiresome administrative burden, causing high costs but providing little benefit. In contrast, this article argues that the documentation requirements demanded by the IMD lead to a higher data quality and also to higher economic benefits. A significant improvement is proclaimed regarding the data quality dimensions correctness and completeness. To substantiate this hypothesis, we… CONTINUE READING
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