The insurance recovery and resolution directive (IRRD), published in the EU Official Journal on 8 January 2025, revolutionises how insurer distress and failure are handled across the European Union. Designed to protect policyholders, secure vital insurance services, and slash taxpayer exposure, IRRD mandates proactive recovery plans, resolvability checks, and unified data standards which mirror the game-changing “living will” approach from banking.

With a tight national implementation deadline of 29 January 2027, acting early isn’t just smart - it’s essential. Early movers will slash compliance risks, shape supervisory expectations, and embed resilience right at the heart of their enterprise strategy.

IRRD is a valuable opportunity to showcase resilience, operational discipline, and forward-looking governance. Let EXL help you embed powerful risk management strategies, quickly and confidently.