The Insurance Agency Agreement (Insurance) is a crucial document used in the Swiss insurance market to establish and regulate the relationship between insurance companies and their agents. This agreement is particularly important in Switzerland's highly regulated insurance sector, where compliance with FINMA regulations, the Federal Insurance Contract Act (VVG), and the Insurance Supervision Act (VAG) is mandatory. The document is typically used when an insurance company wishes to appoint an agent to sell its insurance products, manage client relationships, and represent the company's interests within a specified territory. It includes comprehensive provisions on regulatory compliance, professional qualifications, compensation structures, and data protection requirements specific to the Swiss market. The agreement serves as both a commercial and regulatory tool, ensuring that agency relationships in the insurance sector meet all necessary legal and supervisory requirements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the Principal (Insurance Company) and Agent, including registration/license numbers
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Formal appointment of agent and detailed scope of authority
5. Territory and Products: Geographical area of operation and specific insurance products covered
6. Agent's Obligations: Core duties, compliance requirements, and performance standards
7. Principal's Obligations: Support, training, and materials to be provided by the insurance company
8. Compensation: Commission structure, payment terms, and calculation methods
9. Regulatory Compliance: Obligations under Swiss insurance laws, FINMA requirements, and other applicable regulations
10. Data Protection: Handling of customer data in compliance with Swiss data protection laws
11. Record Keeping: Requirements for maintaining books, records, and documentation
12. Term and Termination: Duration of agreement and termination provisions
13. Post-Termination Obligations: Duties and restrictions after agreement termination
14. Confidentiality: Protection of confidential information and trade secrets
15. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction
1. Non-Compete: Restrictions on competitive activities, optional based on business relationship and territory
2. Professional Indemnity Insurance: Requirements for agent's professional liability coverage, if not covered in main obligations
3. Marketing and Branding: Guidelines for use of principal's branding and marketing materials
4. Sub-Agents: Provisions regarding appointment and management of sub-agents, if permitted
5. Training Requirements: Specific training and certification requirements, if beyond basic obligations
6. IT Systems and Security: Requirements for using principal's IT systems and security protocols
7. Dispute Resolution: Alternative dispute resolution procedures before court litigation
8. Force Majeure: Provisions for unforeseen circumstances affecting performance
1. Schedule 1 - Commission Structure: Detailed breakdown of commission rates and calculation methods
2. Schedule 2 - Insurance Products: List and descriptions of authorized insurance products
3. Schedule 3 - Territorial Scope: Detailed description of authorized territory and any exclusions
4. Schedule 4 - Compliance Requirements: Specific regulatory requirements and compliance procedures
5. Schedule 5 - Reporting Templates: Standard forms for regular reporting and documentation
6. Appendix A - Power of Attorney: Formal authorization document defining agent's authority
7. Appendix B - Data Processing Agreement: Detailed terms for handling personal data in compliance with Swiss law
8. Appendix C - Professional Qualifications: Required licenses, certifications, and professional credentials
Find the exact document you need
Contractual Agreement (Insurance)
A Swiss law-governed insurance agreement establishing coverage terms, obligations, and claims procedures between insurer and policyholder.
Download
Waiver Of Liability (Insurance)
A Swiss-law governed document where an insured party waives specific insurance-related rights or claims, compliant with VVG and OR requirements.
Download
Fronting Agreement (Insurance)
A Swiss-law governed agreement between insurers establishing a fronting arrangement where one insurer issues policies while transferring the risk to another insurer/reinsurer.
Download
Agency Agreement (Insurance)
A Swiss law-governed agreement establishing an agency relationship between an insurance company and agent, compliant with Swiss insurance regulations and FINMA requirements.
Download
Insurance Confidentiality Agreement
Swiss law-governed confidentiality agreement specifically designed for insurance industry participants, ensuring protection of sensitive insurance-related information and compliance with Swiss regulations.
Download
Insurance Addendum
A Swiss law-governed document that modifies an existing insurance contract, complying with Swiss insurance regulations and the VVG/LCA framework.
Download
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)