Agency & compliance
Updating bank account details
Please see the procedures below when informing Irish Life of updates to the bank account on record for your company.
Anti money laundering
Background to Criminal Justice (Money Laundering and Terrorist Financing) Act 2010
Acceptable identification documents for individual and corporate entities
Compliance bulletin
Our compliance officers have put together a useful summary of your obligations under the Data Protection Act with regard to collecting and retaining client data.
Agency Q&A
Are you interested in getting agency facilities with Irish Life?
Complete the agency application form and return along with a copy of your IFSRA certificate of authorisation to:
Brendan O’ Hanlon
Broker agency & compliance
Irish Life location BG2
Lower Abbey Street
Dublin 1
Are you transferring your Irish Life book of business to another intermediary?
In order to do this for you, we will need:
- A letter from your firm confirming the circumstances of the transfer and advising the business you wish to transfer and the name of the other intermediary involved
- A letter from the other intermediary confirming that they agree to the transfer of business
- A copy of the letter sent to customers advising them of the circumstances surrounding the transfer of their policy to another intermediary
- This documentation can be sent to Brendan O’Hanlon at the above address
Are you changing the entity of your firm e.g. from sole trader to limited company or partnership?
In order to change the details of your agency on our records, we will need you to complete an entity change agency application form in respect of the new business and all its principals and return it along with a copy of your revised IFSRA certificate of authorisation to Brendan O’Hanlon at the above address.
Do you want to change contact details of your agency record such as address, telephone number, email address? Please contact
Brendan O’Hanlon
Broker agency & compliance
Irish Life
Location BG2
Lower Abbey Street
Dublin 1
Telephone: 01 704 1397
email: brendan.ohanlon@irishlife.ie
Life products and the question of residency
Irish Life is not licensed to sell, market or solicit its products outside the Republic of Ireland. Please see our rules for accepting life assurance, savings, investment and pension plans in terms of residency.
If one of your customers who is resident in the Republic of Ireland, but is temporarily out of the country, wishes to transact life insurance business, the “Declaration of Residence in the Republic of Ireland” must be completed and signed.
Distance sales
Are you writing business with a customer who you will never meet face to face during the course of arranging the sale i.e. on a distance basis?
The Distance Marketing Directive 2004 requires that where a distance sale takes place, you must provide your client with the following documentation prior to completion of the sale:
- Your firm’s terms of business letter
- Irish Life product brochure and generic CIN – available on this site
- Irish Life terms and conditions booklet – available on this site
- Certain other information contained in schedule 1 the regulations; Irish Life schedule 1 document
Irish Life must be satisfied that when a sale has taken place on a distance basis, you have provided this information to your client. Therefore, we would ask you to submit confirmation of this at time of making the application e.g. providing a copy of the cover letter you sent to the client when providing the documentation.
Access client data, submit props and more.
