Insurance Broker Agreement Template for Saudi Arabia

1. Digital Services: Specific provisions for online insurance brokerage services, used when the broker provides digital platforms

2. International Operations: Additional requirements for brokers operating across multiple jurisdictions

3. Training and Development: Specific requirements for staff training and development programs, used for larger broker relationships

4. Marketing and Branding: Guidelines for use of company branding and marketing materials, included when broker has marketing rights

5. Sub-Broking Arrangements: Terms for appointing and managing sub-brokers, included when sub-broking is permitted

6. Specialty Lines: Special provisions for handling specific insurance products or lines of business

7. Group Company Provisions: Additional terms for brokers part of larger corporate groups

1. Schedule 1 - Products and Services: Detailed list of insurance products and services the broker is authorized to sell

2. Schedule 2 - Commission Rates: Detailed commission structures for different products and services

3. Schedule 3 - Service Level Requirements: Specific performance metrics and service standards

4. Schedule 4 - Compliance Requirements: Detailed compliance procedures and regulatory requirements

5. Schedule 5 - Reporting Templates: Standard formats for regular reporting requirements

6. Appendix A - Required Documentation: List of required licenses, certificates, and regulatory documents

7. Appendix B - Contact Details: Key contact information for both parties

8. Appendix C - Systems and Technology: Technical requirements and specifications for digital integration