Acta academica karviniensia 2013, 13(3):179-189 | DOI: 10.25142/aak.2013.054

INSURANCE BROKERS AND INSURANCE AGENTS BEFORE ENTERING THE POSITION OF LABELED INDEPENDENT BROKER

Rostislav Šárek

Slezská univerzita, Obchodně podnikatelská fakulta, Univerzitní nám. 1934/3, 733 40 Karviná, Email: sarek.rostislav@gmail.com

This article deals with selected issues of the insurance intermediary business on the Czech insurance market. It focuses on some of the practical aspects, principles and rules of insurance brokers and insurance agents with regard to the presumed expectations of customers. Due to forthcoming legislative changes in this course of study this article is trying to answer selected questions related to the cancellation of the above-mentioned status of insurance intermediaries and creating a new category labeled independent broker. This article deals with the issue not only from the perspective of insurance intermediaries, but also from the perspective of the supervisory body and gives a warning to potential clients of these services.

Keywords: independent broker, insurance broker, intermediary services on insurance market, rules for dealing with client

JEL classification: G22, G28

Received: March 12, 2013; Accepted: June 19, 2013; Published: September 30, 2013  Show citation