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Article L512-3 of the French Insurance Code

I.-When they are registered or renew their registration, insurance or reinsurance intermediaries and insurance intermediaries acting on an ancillary basis are required to provide the body that keeps the register provided for in I of Article L. 512-1 with any information necessary to verify the conditions relating to access to the activity of intermediary and the exercise thereof. They are also required to inform this body as soon as possible…

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Article L512-4 of the French Insurance Code

The provisions set out in I to VI of article L. 322-2 apply to insurance or reinsurance intermediaries and secondary insurance intermediaries who are natural persons acting in their own name, persons who direct, manage or administer intermediaries who are legal persons, persons who are members of a supervisory body, have signing authority on behalf of or are directly responsible for the intermediation activity within these intermediaries, and employees of…

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Article L512-5 of the French Insurance Code

The conditions of professional competence to be met by insurance or reinsurance intermediaries and ancillary insurance intermediaries who are natural persons acting in their own name, persons who direct, manage or administer intermediaries who are legal persons or insurance or reinsurance undertakings, persons who are members of a supervisory body, have the power to sign on behalf of or are directly responsible for the intermediation activity within these intermediaries or…

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Article L512-6 of the French Insurance Code

All insurance or reinsurance intermediaries and all insurance intermediaries acting in an ancillary capacity must take out an insurance policy covering them against the financial consequences of their professional civil liability, unless such insurance or an equivalent guarantee is already provided by an insurance or reinsurance undertaking or by an insurance or reinsurance intermediary or by another undertaking on whose behalf they are acting or by whom they have been…

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Article L512-7 of the French Insurance Code

Any insurance or reinsurance intermediary and any insurance intermediary on an ancillary basis who, even on an occasional basis, collects funds intended for payment either to an insurance undertaking or to policyholders, or who has recourse to a non-agent agent responsible for transmitting these funds, must take out a financial guarantee specifically earmarked for the repayment of these funds to policyholders, unless this agent can provide proof of such a…

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