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With Regard To The Results Of The Analysis Of Its Compliance Legislațieiîn Some Insurance Brokers Insurance-Reinsurance

Original Language Title: cu privire la rezultatele analizei din oficiu a respectării legislațieiîn domeniul asigurărilor de către unii brokeri de asigurare-reasigurare

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    Pursuant to article 55 para. (1) letter a) and b) of law No. 407-XVI dated 21.12.2006 "insurance" (hereinafter-the law No. 407-XVI dated 21.12.2006), according to the plan of the National Commission of financial market for the year 2015, approved by the decision of the National Commission of Financial Market (C.N.P.F.) No. 63/9 23.12.20142, was ex-officio analysis of observance of legislation in the insurance field by 50 brokers Insurance-reinsurance (hereinafter-brokers).
--------------------------------------Official Gazette of the Republic of Moldova, 2007, no. 47-49, article 213 2 Official Gazette of the Republic of Moldova, 2015, 11-21, art. 65 ex-officio analysis were subject to review issues related to revenue from brokerage activity, using the amounts available from bank accounts, holding insurance protection to professional liability, as well as compliance with the terms of contracts concluded with insurers concerning transfers of insurance premiums within the time limits laid down.
Results of the analysis showed deviations from the Office of the law in the work of 37 of brokeri3, being observed the following.
--------------------------------------3 '-AMP the BROKER "," ASIGVITAL S.R.L. "S.R.L.," ASTRA LUX S.R.L., AUTOBIN-GRUP "S.R.L.," AV BROKER DE ASIGURARE REASIGURARE "S.R.L.," BURMESE "BROKERASIG S.R.L.", "EXPERT," BROKER S.R.L. "," BROKER S.R.L.-PRO S.R.L. "," CITY "," BROKER S.R.L. COVERINS "S.R.L.," DESTINIES, "INSURED" S.R.L. ERVAX GRUP S.R.L. , "EUASIG", "THE PERFECT RANGE S.R.L. INSURED" S.R.L. "," GLOBAL BROKER S.R.L., "GM-ASIGRUP" S.R.L., "TALAASH", "INVEST S.R.L." BROKER S.R.L., "LUCIADA S.R.L.", "MARIASIG", "MEDAVASIG S.R.L." S.R.L., "MEGA-OPTIMAL" S.R.L., "MGP" BROKER S.R.L., "OMNIS" S.R.L., "ONLINE BROKER DE ASIGURARE" S.R.L., "PRACTICALLY-ASIG" S.R.L. PRIMGROUP-INSURED, "", "PRODEVIZ" S.R.L. S.R.L. INSURED "," PROFESSIONAL "REGALASIG" S.R.L., S.R.L., "SANI-ASIG" S.R.L., "SICONATA group" S.R.L., SOCIÉTÉ DE COURTAGE "S.R.L. (" BLAJCO ASIST "S.R.L.)," T.A.T.I. GRUP BROKER DE ASIGURARE "S.R.L.," VMV BROKER S.R.L. "and" INSURANCE BROKER "WVP S.R.L.

In contradiction with the provisions of article 47, paragraph 1. (31) and para. (32) in accordance with law No. 407-XVI dated 21.12.2006, between 01.01.2015-31.03.2015 15 brokeri4 have used the bank account opened exclusively for the satisfaction of obligations to insurers for the amounts received by way of premiums for insurance (reinsurance) compared with insured (reinsured), to perform the current task of the broker.
--------------------------------------4 "AMP", "BROKER S.R.L. AUTOBIN-GRUP S.R.L.," BROKER-PRO S.R.L. "," "," COVERINS GM S.R.L.-ASIGRUP "S.R.L.," INVEST "BROKER S.R.L.," MGP "BROKER S.R.L.," OMNIS "S.R.L.," ONLINE BROKER DE ASIGURARE "S.R.L.," practically-ASIG "S.R.L.," PRODEVIZ "S.R.L.", "PROFESSIONAL" ASIG S.R.L., REGALASIG "S.R.L., SOCIÉTÉ DE COURTAGE" S.R.L. ("BLAJCO ASIST" S.R.L.) and "T.A.T.I. GRUP BROKER DE ASIGURARE" S.R.L.

At the same time, brokers ' "and" COVERINS S.R.L. MEGA-OPTIMAL "S.R.L., in the subject of the verification with a supplementary agreement to the contract insurer mandate that provides for the mutual obligations of compensation payment of insurance premiums through the broker's fee due, contrary to the provisions of article 47, paragraph 1. (31) in accordance with law No. 407-XVI dated 21.12.2006.
Renting out obligations under contracts of insurance intermediaries professional indemnity insurance, 13 brokeri5 were transferred to home insurance with insurers delay 2 to 365 days, thus the insurance contract has not produced legal effects in those days, and 10 brokeri6 have not ordered for specific periods of such a contract, the result being violated licensing conditions laid down in article 49 paragraph 3. (2) Letter c) of law No. 407-XVI dated 21.12.2006.
--------------------------------------5 "ASIGVITAL S.R.L.", "group" AUTOBIN S.R.L., "BURMESE" GROUP S.R.L., "COVERINS" S.R.L., "PERFECT" GAMMA S.R.L., ASIG "GLOBAL BROKER" S.R.L., "GM-ASIGRUP" MARIASIG "S.R.L., S.R.L.", "MEGA-OPTIMAL" S.R.L., "OMNIS" S.R.L., "ONLINE BROKER DE ASIGURARE" S.R.L., "professional" and "ASIG S.R.L. SANI-ASIG" 6 "ASTRA LUX S.R.L." S.R.L. "EXPERT," BROKER S.R.L., "CITY", "BROKER S.R.L. DESTINIES ASIG" S.R.L., "GM-ASIGRUP" S.R.L., "TALAASH", "MEDAVASIG S.R.L." S.R.L., "MEGA-" OPTIMUM "S.R.L., ONLINE BROKER DE ASIGURARE" S.R.L. "SICONATA GROUP" S.R.L.

Brokers listed in table no. 1, surpassing the terms of transfer of insurance premiums collected by insurers on whose behalf they brokered insurance contracts and deadlines established in renting out the contracts of mandate, the situation in the 31.03.2015 have accumulated debt in the amount of 8271.6 thou lei, thus affecting the interests of insurers, as well as the appropriate organization to neasigurînd internal control procedures, which violates the provisions of article 39 paragraph 2. (2), article 43 para. (1) (a)) and article 49 paragraph 3. (8) of law No. 407-XVI dated 21.12.2006.


Tabelul nr.1










Nr.





The name of the broker's Debts expired at 31.03.2015, MDL thou.









1





AMP BROKER, "S.R.L.





486.8









2





"AV BROKER DE ASIGURARE REASIGURARE" S.R.L.





588.0









3





, BURMESE GROUP "S.R.L.





267.4









4





"BROKERASIG" S.R.L.





36.5









5





"BROKER EXPERT" S.R.L.





547.0









6





"BROKER-PRO" S.R.L.





4.3









7





"COVERINS" S.R.L.





641.3









8





"ERVAX GRUP S.R.L.





172.6









9





"EUASIG" S.R.L.





199.8









10





"PERFECT RANGE ASIG" S.R.L.





31.0









11





"GM-ASIGRUP" S.R.L.





386.1









12





"TALAASH" S.R.L.





164.8









13





"INVEST" BROKER S.R.L.





693.0









14





"LUCIADA" S.R.L.





17.8









15





, MARIASIG "S.R.L.





54.9









16





"MEDAVASIG" S.R.L.





125.8









17





"MEGA-OPTIMAL" S.R.L.





986.6









18





, OMNIS "S.R.L.





139.2









19





"ONLINE BROKER DE ASIGURARE" S.R.L.





2.8









20





"BASICALLY-ASIG" S.R.L.





303.3









21





"PRIMGROUP-INSURED" S.R.L.





8.8









22





, PRODEVIZ "S.R.L.





1215.1









23






"SANI-ASIG" S.R.L.





832.7









24





"T.A.T.I. GRUP BROKER DE ASIGURARE" S.R.L.





344.9









25





"VMV BROKER" S.R.L.





15.4









26





"WVP BROKER DE ASIGURARE" S.R.L.





5.7












Total





8271.6









During the period subject to verification "MGP" BROKER broker S.R. L has admitted the receipt of insurance premium outside its headquarters as a result of the provision of services for delivery of the insurance policy to the address requested by the insured, 93rd and additional revenue from delivery services in the total amount of 1.8 thousand lei, which do not fall within the limits of the activity of insurance brokers , breaching the provisions of article 1, article 7 para. (2) and article 49 paragraph 3. (2) (a). (d) of law No. 407-XVI dated 21.12.2006.
"T.A.T.I. GRUP BROKER DE ASIGURARE" S.R.L. in the period 01.01.2015-31.03.2015 has other income from insurance mediation activity in the form of additional compensation for assistance and promotion of the image of an insurer in the amount of MDL 37.8 without them reflected in the report on the core business of insurance intermediaries and/or reinsurance, which constitutes violation of item 12 of How to complete the report on the core business of intermediaries in insurance and/or reinsurance C.N.P.F., approved by Resolution No. 45/5 of October 16, "approving the form and content of reports to intermediaries in the insurance and/or reinsurance" 7.
------------------------------------7 Official Gazette of the Republic of Moldova, 2009, nr. 196-200, art. 877 on the basis of its findings, in accordance with article 1, article 3, article 8 b) and paragraph 2 of point f), art. 9 para. (1) (a)), article 22 para. (3), para. (2) of law No. 192-XIV of 12.11.1998 "Concerning the National Commission for financial market" 8, art. 54 para. (2) Letter c), art. 55, para. (1) letter a) and b) of law No. 407-XVI dated 21.12.2006, regulation on gradualizarea of sanctions applied by the insurer (reinsurer) broker or insurance and/or reinsurance C.N.P.F., approved by Decision No. 60/5 of 20.12.20139-----------------------------------8 Republished in the Official Gazette of the Republic of Moldova, 2007, nr. 117-126 BIS 9 Monitorul Oficial al Republicii Moldova, 2014, nr. 53-59, art. 313 National Commission on FINANCIAREHOTĂRĂȘTE MARKET: 1. it shall be sanctioned by a fine brokers which transfer to the budget of the supervisory authority as follows: "AMP" BROKER S.R.L.-in size of 3.0 thousand lei, "ASIGVITAL" S.R.L.-2.75 thousand lei, "ASTRA LUX S.R.L.-2.75 AUTOBIN lei"-GROUP "S.R.L.-3.0 thousand lei" AV BROKER DE ASIGURARE REASIGURARE "S.R.L.-2.75 thousand lei," BURMESE "GROUP S.R.L.-3.0 thousand lei," BROKERASIG "S.R.L.-2.75 thousand lei," EXPERT "BROKER S.R.L.-3.0 thousand lei," BROKER-PRO "S.R.L.-3.0 thousand lei," CITY "BROKER S.R.L.-2.75 MDL S.R.L. "," COVERINS-4.0 thousand lei, "DESTINIES ASIG" S.R.L.-2.75 thousand lei, "ERVAX GRUP S.R.L.-2.75 lei" EUASIG "S.R.L.-2.75 thousand lei," INSURED "RANGE-PERFECT S.R.L. 3.0 thousand lei," GLOBAL BROKER "S.R.L.-2.75 thousand lei," GM-ASIGRUP "S.R.L.-4.0 thousand lei," TALAASH "S.R.L.-3.0 thousand lei," INVEST "BROKER S.R.L.-3.0 thousand lei," LUCIADA "S.R.L.-2.75 lei" MARIASIG "S.R.L.-3.0 thousand , "MEDAVASIG" S.R.L.-3.0 thousand lei, "MEGA-OPTIMAL" S.R.L.-4.0 thousand lei, "MGP" BROKER S.R.L.-2.75 thousand lei, "OMNIS" S.R.L.-4.0 thousand lei, "ONLINE BROKER DE ASIGURARE" S.R.L.-4.0 thousand lei, "practically-ASIG" S.R.L.-3.0 thousand lei, "PRIMGROUP-INSURED" S.R.L.-2.75 lei "PRODEVIZ" S.R.L.-3.0 thousand lei, "ASIG" PROFESSIONAL S.R.L.-3.0 thousand lei, "REGALASIG" S.R.L.-2.75 thousand lei, "SANI-ASIG" S.R.L.-3.0 thousand lei, "SICONATA GRUP S.R.L.-2.75 MDL SOCIÉTÉ DE COURTAGE, "S.R.L. (" BLAJCO ASIST "S.R.L.)-2.75 MDL, T.A.T.I." GROUP "insurance BROKER S.R.L.-3.0 thousand lei," VMV BROKER S.R.L.-2.75 "MDL" INSURANCE BROKER "WVP S.R.L.-2.75 MDL.
2. Prescribing persons with responsible positions of brokers unconditioned provisions of legislative and normative acts, as well as the undertaking of measures relating to the Elimination of violations of the laws reflected in substantive analysis, including:-brokers "AMP", "BROKER S.R.L. AUTOBIN-GRUP S.R.L.," BROKER-PRO S.R.L. "," "," COVERINS GM S.R.L.-ASIGRUP "S.R.L.," INVEST "BROKER S.R.L.," MGP "BROKER S.R.L. ONLINE, "INSURANCE BROKER" S.R.L., "OMNIS" S.R.L., "practically-ASIG" S.R.L., "PRODEVIZ" S.R.L. "," PROFESSIONAL "ASIG S.R.L., REGALASIG" S.R.L., SOCIÉTÉ DE COURTAGE "S.R.L. (" BLAJCO ASIST "S.R.L.) and" T.A.T.I. GRUP BROKER DE ASIGURARE "S.R.L.-compliance with the provisions laid down by law for the use of bank accounts, stocks opened exclusively for the satisfaction of obligations to insurers for the amounts received by way of premiums for insurance (reinsurance) compared with insured (reinsured) in accordance with article 47, paragraph 1. (32) in accordance with law No. 407-XVI dated 21.12.2006;
-brokers ' BROKER "AMP S.R.L.," AV BROKER DE ASIGURARE REASIGURARE "S.R.L.," BURMESE "BROKERASIG S.R.L.", "EXPERT," BROKER S.R.L. "," BROKER S.R.L.-PRO S.R.L. "," "," COVERINS S.R.L. ERVAX GRUP S.R.L., "EUASIG S.R.L.", "PERFECT" GAMMA S.R.L., ASIG "GM-ASIGRUP" S.R.L., "TALAASH", "INVEST S.R.L." BROKER S.R.L. , "LUCIADA", "MARIASIG S.R.L.", "MEDAVASIG" S.R.L. S.R.L., "MEGA-OPTIMAL" S.R.L., "OMNIS" S.R.L., "ONLINE BROKER DE ASIGURARE" S.R.L., "practically-ASIG" S.R.L., "PRIMGROUP-INSURED", "PRODEVIZ" S.R.L. S.R.L., "SANI-ASIG" S.R.L., T.A.T.I. "GROUP" INSURANCE BROKER S.R.L., "VMV BROKER" S.R.L. "INSURANCE BROKER" WVP S.R.L.-compliance with the terms of contracts concluded with insurers concerning transfers of insurance premiums within the time limits laid down;
-brokers "ASIGVITAL S.R.L.", "ASTRA LUX S.R.L.", "group" AUTOBIN S.R.L., "BURMESE" GROUP S.R.L., "EXPERT" BROKER S.R.L., "CITY", "BROKER S.R.L. COVERINS S.R.L.", "DESTINIES," INSURED "PERFECT RANGE S.R.L. INSURED" S.R.L. "," GLOBAL BROKER S.R.L., "GM-ASIGRUP" S.R.L., "TALAASH", "MARIASIG S.R.L." S.R.L. , "MEDAVASIG" S.R.L., "MEGA-OPTIMAL" S.R.L., "OMNIS" S.R.L., "ONLINE BROKER DE ASIGURARE" S.R.L. "," PROFESSIONAL "ASIG S.R.L., SANI-ASIG" S.R.L. "SICONATA GROUP" S.R.L.-observance in the arrangement of a professional indemnity contract and the obligations undertaken by it;
-broker "MGP" BROKER S.R.L.-compliance with the legal provisions concerning the conduct of the business of insurance brokerage in accordance with article 49 paragraph 3. (2) (a). (d) of law No. 407-XVI dated 21.12.2006;
-broker "T.A.T.I. GRUP BROKER DE ASIGURARE" S.R.L.-respecting the method of filling the report on core business of intermediaries in insurance and/or reinsurance;
-brokers "S.R.L." and "COVERINS MEGA-OPTIMAL" legal standards S.R.L.-payment in full of the intermediate insurance premiums in accordance with article 47, paragraph 1. (31) in accordance with law No. 407-XVI dated 21.12.2006.
3. takes note of the correction of the "T.A.T.I. GROUP INSURANCE BROKER" S.R.L. has activity report of the insurance intermediaries and/or reinsurance for next quarter.
4. About the execution of the given decision brokers will inform the National Commission of financial market within a month, with the annexation of confirmation documents.
5. The control over the execution of the given decision is put in charge of the Directorate-General for insurance supervision.
6. this decision shall enter into force in accordance with article 22, paragraph 2. (3) of law No. 192-XIV of 12.11.1998.

VICE-PRESIDENT of the NATIONAL COMMISSION of financial market Karen Fahie