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Insurance intermediaries

Registration of insurance intermediaries

Insurance intermediaries are legal entities and individuals who offer or conclude insurance contracts on behalf of insurance companies or other individuals. In addition to stricter information obligations, the core element of regulation is a central register. Registration is mandatory for unaffiliated insurance intermediaries (brokers), regardless of whether they are legal entities or individuals. All other insurance intermediaries (client advisors working for insurance companies) have the right to be entered in the register. All registered insurance intermediaries must meet certain personal, technical and financial requirements. Registration takes place electronically via the intermediary portal.