Insurance intermediaries in the life assurance sector

A. Definition of the reporting entity

Insurance intermediaries (corredors d’assegurances in Catalan), natural or legal persons who, for remuneration, pursues mediation within the life insurance sector are parties under obligation

Non-resident individuals and legal persons carrying out activities in the Principality of Andorra of equal nature to the aforementioned are also considered to be parties under obligation.

B. Obligations of the reporting entity

The main obligations attributed to insurance brokers in the life assurance sector in the matter of the prevention of money laundering and terrorist financing are the following: