Protection of the insurance agent, sub-agent, and broker

The Department assists insurance agents and sub-agents in all matters relating to the intermediary's financial rights during the term of the agency/sub-agency mandate.

The Insurance Agent, Sub-Agent and Broker Protection Department of the Cruciani Law Firm employs specialized lawyers in assisting insurance intermediaries registered with the RUI (Single Intermediary Register) provided for by the Insurance Code in all matters relating to the financial rights of the intermediary during the term of the agency / sub-agency mandate (for the failure to recognise the agreed commissions and financial recognitions due), during and after the interruption of the agency / sub-agency mandate due to withdrawal initiated by the agent due to non-fulfilment by the principal or by the principal (withdrawal for just cause or ad nutum) to the agent.

The firm coordinates the agency's return to the client, as required by Article 23 of the 2003 National Agents Agreement, with the assistance of leading technical and administrative experts, and applies to the courts to obtain the agent's/subagent's/broker's credit.

 

These, the main types of intervention:

Carrying out the operations of returning the agency to the principal or from the sub-agent to the agent;

Recognition of the financial compensation provided for by Article 8bis of the 2003 National Agents Agreement in the event of a unilateral reduction in the portfolio carried out by the client;

Recognition of the liquidation benefits provided in the event of termination of the relationship with the principal;

Assistance to the agent/subagent/broker in the disciplinary and sanctioning proceedings provided by IVASS.

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