Authorisation of an insurance company to provide insurance agency services

Insurance companies authorise insurance agents to conclude insurance contracts in the name and for the account of the insurance company.

In addition to the conclusion of contracts, insurance agency services also include 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 the insurance company.

An authorisation of an insurance agent to conclude an insurance contract also encompasses an authorisation to modify or extend the contract, and accept the statement of a policyholder about the withdrawal from the insurance contract.

Legal basis

Last updated: 26. 08. 2015