Under Law No. 2 of 1992 Article 1 paragraph 8 "Insurance Broker is a
company that provides intermediary services in insurance coverage and
handling insurance compensation settlement by acting in the interests of
the insured"
Article 12 "Insurance Broker Company is prohibited
to place insurance coverage on the insurance companies on the insurance
companies that do not have a business license as referred to in Article
9"
Article 13 paragraph 1 "Insurance Broker is prohibited to
place insurance coverage to an insurance company that is an affiliate of
the Insurance Broker is concerned, unless the prospective insured has
first notified in writing and approving the existence of such Affiliate"
Based
on the Ministry of Finance No. Kep 73 th 1992 Article 22 The insurance
premium can be paid directly by the insured to the insurance company, or
through the Insurance Broker Company for the benefit of the insured.
In
terms of insurance premiums paid by Insurance Broker. Asuransu
Brokerage Company shall submit the premium to the insurance company
before the expiry of the grace wwaktu premium payments specify in the
relevant insurance policy. In terms of delivery of premiums by Insurance
Broker done after the expiration of the grace period referred to in
paragraph (2), Insurance Broker concerned shall be responsible for
pembayaranklaim arising from losses incurred in the period between the
expiration time limit referred to in paragraph (2 ) up to the deposit
premium to the Insurance Company.
Article 23 paragraph 2 of the
insured in performing the maintenance claim settlement may appoint other
parties, including the Insurance Broker who used his services by the
insured in insurance coverage is concerned. Of the provisions of the Act
and the Minister of Finance Keputusuan above, it can be concluded that
the Broker / Insurance Brokers have the scope of work as follows:
brokerage services insurance coverage, which includes risk management
services, provides a review of the customer's business risk profile and
also provides advice on The best insurance conditions for the customers;
Insurance placement services,
the selection of top insurers were deemed
to have the technical and financial capabilities sufficient to warrant
the risk of customers; Broker may do the marketing for all kinds of
insurance products both general insurance (general / losses) and life
insurance products; Broker also be put to all the customer risk for the
insurance company is still included in the criteria of Law No. 2 1992 in
particular article 12 and 13; Broker may also receive premium payments
of insured deposits to then be forwarded to the insurance company after
the deduction of commissions Brokerage; Intermediary services Brokerage
claims settlement process may also represent the insured to negotiate
with the Insurer in the process of settlement of the claim the insured;
Broker is not entitled to receive payment of the claim on behalf of the
insured of the insurer.
