Insurance brokerage

Insurance brokerage is a service that strives to make contact between policyholders and insurance companies in order for policyholders to negotiate with insurance companies on the conclusion of an insurance contract. In addition to the aforementioned, insurance brokerage also includes activities related to the preparation for the conclusion of an insurance contract, and assistance with the exercise of the rights arising from the contract, especially with the solving of claims addressed to an insurance company. Insurance brokerage may be provided by Insurance agencies with a status of a company or a sole trader pursuant to the Companies Act that have acquired a licence to pursue the activity of insurance brokerage. Insurance brokerage may also be carried out by banks that have acquired a licence from the Bank of Slovenia. The Bank of Slovenia issues a licence on the basis of a preliminary opinion of the Insurance Supervision Agency. When performing insurance brokerage, insurance brokers must protect the interests of policyholders. Insurance brokerage companies may only provide insurance brokerage, and


1. services of credit intermediation and brokerage services of investment coupons of mutual funds and other similar financial products if they meet the conditions to provided these services stipulated by law and other regulations which regulate the provision of these services;


2. brokerage services in sale and sale in contingencies of damaged items which belong to the insurance company when solving loss events;

3. implementation of measures to prevent and eliminate threats which pose a risk to insured property and persons;


4. assessment of the exposure level of insurance facility and assessment of damage;

5. provision of other intellectual and technical services related to insurance business;


6. brokerage in concluding insurance business for insurance companies from the same insurance group.

Conditions and evidence



Last updated: 11. 08. 2016