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The role of an insurance broker an their position on the insurance market in the czech republic

Lenka Přečková

MPRA Paper from University Library of Munich, Germany

Abstract: This paper focuses on the work of insurance brokers on the insurance market in the Czech Republic. It is based on the existing and former legislations and it focuses on a significant change that took place in the year 2005. On January 1, 2005 a new law on insurance brokers and self-employed adjustors came into force. The paper aims to analyze and compare the conditions for work of an insurance broker in the Czech Republic that exist now with those that had existed before the new law became effective. It evaluates the development in the numbers of insurance salesmen in relation to this legislative change.

Keywords: insurance broker; dealer activities; expert qualification (search for similar items in EconPapers)
JEL-codes: G22 (search for similar items in EconPapers)
Date: 2007-09
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Published in proceedings (international conference) (2007): pp. 615-626

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