2025-02-28

Factsheet Group Insurance: When Do You Need an AFM License

The Dutch Authority for the Financial Markets (AFM) mandates that intermediaries for group insurance obtain a license by October 2025 if they receive compensation or if insured parties are not obligated to purchase through them. This regulatory requirement ensures proper oversight of intermediaries acting between insurers and groups of insured persons or companies. The AFM enforces compliance with these licensing rules and monitors adherence to the regulations governing group insurance arrangements.

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Netherlands

Autoriteit Financiele Markten

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