IN SPAIN, CGPA EUROPE UNDERWRITING AND EL CONSEJO GENERAL (GENERAL COUNCIL OF COLLEGES OF INSURANCE INTERMEDIARIES) ENTER INTO A PARTNERSHIP FOR THE PROFESSIONAL INDEMNITY OF INSURANCE AGENTS

IN SPAIN, CGPA EUROPE UNDERWRITING AND EL CONSEJO GENERAL (GENERAL COUNCIL OF COLLEGES OF INSURANCE INTERMEDIARIES) ENTER INTO A PARTNERSHIP FOR THE PROFESSIONAL INDEMNITY OF INSURANCE AGENTS

Thanks to this part­ner­ship agree­ment, CGPA Europe will offer all exclu­sive agents who are mem­bers of El Conse­jo Gene­ral the pos­si­bi­li­ty to take out a poli­cy cove­ring their Pro­fes­sio­nal Indemnity. 

The spo­ke­per­son of the Conse­jo com­men­ted it as “an excellent option that will allow the col­le­giate agents to deve­lop their acti­vi­ty with the neces­sa­ry tran­qui­li­ty to exer­cise their pro­fes­sion in the best pos­sible way”.

This part­ner­ship agree­ment allows agents to bene­fit from the sup­port of spe­cia­lists and gua­ran­tees adap­ted to their acti­vi­ty, as well as the cove­rage of risks rela­ted to their pro­fes­sio­nal acti­vi­ty. This insu­rance is essen­tial for insu­rance inter­me­dia­ries, par­ti­cu­lar­ly since the law imple­men­ting the Insu­rance Dis­tri­bu­tion Direc­tive (IDD) came into force, which focuses on consu­mer protection.

Car­los Mon­te­si­nos, CEO of CGPA Europe Under­wri­ting, explains that it is essen­tial for agents to be able to rely on an insu­rance option in Spain such as that offe­red by CGPA Europe — an insu­rer with more than 90 years’ expe­rience, exclu­si­ve­ly insu­ring risks rela­ted to the pro­fes­sio­nal acti­vi­ty of insu­rance inter­me­dia­ries — thus ensu­ring that there is no conflict of inter­est in the event of a claim.

CGPA has been signing a series of part­ner­ship agree­ments for many years now with various asso­cia­tions of Insu­rance inter­me­dia­ries in seve­ral Euro­pean coun­tries : BIBA (UK), AGEA and Pla­nète CSCA (France), AIBA and many agents’ unions in Ita­ly. This new part­ner­ship with the Gene­ral Coun­cil of Col­leges of Insu­rance inter­me­dia­ries thus streng­thens CGPA Europe’s rela­tion­ship with Euro­pean asso­cia­tions of intermediaries.