Insurance intermediary - apply for permission

• Personal reliability You have the necessary reliability for the business operation. You are not considered reliable if you have been convicted by a final court decision of one of the following offences in the last 5 years: • felony • theft • embezzlement • extortion • fraud • infidelity • money laundering • forgery of documents • receiving stolen goods • usury • insolvency offences • Orderly financial circumstances You live in a well-ordered financial situation. You do not meet this requirement if: • insolvency proceedings have been opened against your assets, or • insolvency proceedings have been dismissed for lack of assets, or • you are entered in the debtors' register. • Expert knowledge You have the required expertise. Proof of the required expertise is possible through: • a professional qualification examination before the IHK (Chamber of Industry and Commerce) or • through equivalent training qualifications and possibly corresponding professional experience. • Adequate insurance cover www.gesetze-im-internet.de/versvermv_2018/__12.html The insurance intermediary business must be covered by liability insurance to the required minimum insurance sum. • To apply online: Register or log in using your BundID account

• Application for approval as an insurance intermediary You can either submit your application online or use the form and submit your application in writing by post. • Identity document Identity card or other official identification bearing a photograph. Not required for digitally submitted applications. • Certificate of good conduct for presentation to an authority service.berlin.de/dienstleistung/120926/ To verify personal reliability, information from the Federal Central Register (certificate of good conduct) is required for submission to an authority (document type O). The information must not be older than three months. • Excerpt from the central business register for presentation to an authority service.berlin.de/dienstleistung/327835/ To verify personal reliability, information from the central business register is required for submission to an authority (document type 9). The information must not be older than three months. • Information from the insolvency register service.berlin.de/dienstleistung/327527/ • Two certificates are required for initiating insolvency proceedings for natural persons who are residents of Berlin. The first certificate for consumer insolvency proceedings must be applied for with the local court responsible for your place of residence, and the second one for regular insolvency proceedings is available from the District Court Charlottenburg Amtsgerichtsplatz 1, 14057 Berlin. • The District Court Charlottenburg, Amtsgerichtsplatz 1, 14057 Berlin is responsible for insolvency proceedings for legal entities and private trade companies based in Berlin. • Applicants residing / operating outside of Berlin please inform themselves about the respective responsibilities of the insolvency courts via the central place and court directory. (see "More information") • Information from the debtors' register (Central Enforcement Portal) service.berlin.de/dienstleistung/327028/ Information on entries can be requested online at the Central Enforcement Portal of the Federal States. (see "More information") • Certificate in tax matters ("Bescheinigung in Steuersachen") service.berlin.de/dienstleistung/324713/en/ Certificate of no objection from the local tax office. • Proof of competence service.berlin.de/dienstleistung/330394/en/ Proof of expertise from the Chamber of Industry and Commerce on existing necessary knowledge and legal regulations of the insurance industry. Or you have a comparable recognised professional qualification. (see "More information") • Professional liability insurance • Confirmation from an insurance company of the existence of professional liability insurance for the insurance industry. • The scope of insurance must correspond to the statutory minimum amounts of cover. • Current excerpt from the trade register (only required if included in the trade register) www.handelsregister.de/rp_web/welcome.xhtml Registered companies are required to submit a current excerpt from the trade register when applying. Legal entities that are currently being founded (e.g. GmbH, AG) are required to submit their partnership agreement or statutes.

• Application for authorisation and registration as an insurance intermediary www.ihk.de/blueprint/servlet/resource/blob/5853140/bd9cc17da

• 600.00 EUR: Licensing procedure for insurance intermediaries and advisers • plus the fees for entry in the register of intermediaries (approx. 125.00 EUR)

• Trade Regulations (Gewerbeordnung (GewO)) § 34d Sec. 1 www.gesetze-im-internet.de/gewo/__34d.html • Regulation on Insurance Mediation and Consulting - Insurance Mediation Regulation (Versicherungsvermittlungsverordnung (VersVermV)) www.gesetze-im-internet.de/versvermv_2018/index.html#BJNR248 • Schedule of fees by the Chamber of Industry and Commerce (Section F. Legal and Taxation - 2. insurance intermediaries/consultants) www.ihk.de/blueprint/servlet/resource/blob/2256952/9289dfb23

• Information from the Berlin Chamber of Industry and Commerce on insurance brokerage (Berlin ICC) www.ihk.de/berlin/service-und-beratung/recht-und-steuern/gew • Application forms for insurance brokers/consultants (CCI Berlin) www.ihk.de/berlin/service-und-beratung/recht-und-steuern/dow • Summary differences in the insurance industry www.berlin.de/formularverzeichnis/?formular=/wirtschaft/einh • Search for the competent court in the central directory of places and courts (Federal and State Justice Portal) www.justizadressen.nrw.de/de/justiz/suche • Information from the register of debtors – the federal states’ central enforcement portal (Enforcement Portal) www.vollstreckungsportal.de/zponf/allg/willkommen.jsf • Summary - Expertise examination equivalent to other professional qualifications www.gesetze-im-internet.de/versvermv_2018/__5.html • Insurance consultant or insurance intermediary - register for the expert knowledge examination (service) service.berlin.de/dienstleistung/330394/en/ • Register of intermediaries ICC - Registration (service) service.berlin.de/dienstleistung/329370/en/ • Register a trade (service) service.berlin.de/dienstleistung/121921/en/

Der Antrag auf Erteilung der Erlaubnis als Versicherungsvermittler ist bei der für die gewerbliche Hauptniederlassung zuständigen Industrie- und Handelskammer zu stellen. The application for a permit as an insurance intermediary (Versicherungsvermittler) must be submitted to the Industrie- und Handelskammer (Chamber of Industry and Commerce) responsible for the commercial main establishment. If this is not yet known, the permit can also be applied for at the Industrie- und Handelskammer (Chamber of Industry and Commerce) responsible for the applicant's place of residence.