Remuneration of insurance intermediary in the context of insurance distribution act. Selected issues Cover Image

Wynagrodzenie pośrednika ubezpieczeniowego w kontekście ustawy o dystrybucji ubezpieczeń. Zagadnienia wybrane
Remuneration of insurance intermediary in the context of insurance distribution act. Selected issues

Author(s): Michał P. Ziemiak
Subject(s): Civil Law, Law on Economics
Published by: Polska Izba Ubezpieczeń
Keywords: intermediaries; remuneration; commission; brokerage; agents; brokers; insurers; insurance distribution

Summary/Abstract: Insurance distribution act – unlike its predecessor (act on insurance intermediation) – contains a number of provisions that refer directly to the issue of remuneration of both insurance intermediaries (agents and brokers) as well as insurers’ employees. Said provisions can be divided into two main categories, i.e. setting of remuneration and information obligations related to remuneration. These are the issues devoted to this paper. At the beginning, general remarks that concern remuneration of in- surance intermediaries and persons with the help of which insurers perform distribution activities are presented. Further parts include the analysis of art. 7 par. 2 of the distribution act and mentioned in- formation obligations (articles 22, 23 and 32). The paper closes with a summary, containing the au- thor’s conclusions and comments.

  • Issue Year: 2019
  • Issue No: 2
  • Page Range: 35-49
  • Page Count: 15
  • Language: Polish