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Licence for members of the Management Board of insurance public limited liability companies
The Management Board of an insurance public limited liability company must have at least two members who represent the company in legal transactions. None of the members of the Management Board of an insurance public limited liability company or a procurator must not be authorised to independently represent insurance public limited liability company for the all transactions included in the activity of insurance companies.
A member of the Management Board of an insurance public limited liability company may be a person who meets the prescribed conditions and has acquired a licence from the Insurance Supervision Agency to carry out the function of a member of the Management Board of an insurance public limited liability company.
To acquire the licence, a request for the issue of a licence to carry out the function of a member of the Management Board of an insurance public limited liability company must be filed with the Insurance Supervision Agency.
Conditions
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A member of the Management Board of a public limited liability company may be a person who is suitably professionally competent, and has the characteristics and experience required to manage the transactions of an insurance company.
Evidence
The CV-AZN form to the request to issue a licence of the Insurance Supervision Agency to carry out the function of a member of the Management Board of an insurance public company, a reinsurance company, a mutual insurance company or a pension company.
Legal basis
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A member of the Management Board of an insurance public-liability company may be a person who has not been convicted res judicata of a premeditated criminal offence or one of the following criminal offences committed out of negligence: causing death through negligence, serious bodily harm, extremely serious bodily harm, threatening safety at work, concealment, treason and the illegal obtaining of a business secret, money laundering, betraying classified information or causing general danger, and the sentence has not yet been erased.
Evidence
Statement – the CV-AZN form attached to the request to issue a licence of the Insurance Supervision Agency to carry out the function of a member of the Management Board of an insurance public company, a reinsurance company, a mutual insurance company or a pension company.
Legal basis
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A member of the Management Board of a public limited liability company may be a person who is suitably professionally competent, and has the characteristics and experience required to manage the transactions of an insurance company.
This condition is met if a person:
- has sufficient technical and practical knowledge of managing insurance transactions, and
- at least four years' experience in managing insurance transactions or a company of a comparable size and activity to the insurance company or other comparable transactions.
Evidence
Evidence of fulfilment of the conditions for suitable professional competence
Legal basis
Competent Authority
Insurance Supervision Agency
Trg republike 3
1000 Ljubljana -
A person has not been convicted res judicata of a premeditated criminal offence or one of the following criminal offences committed out of negligence: causing death through negligence, serious bodily harm, extremely serious bodily harm, threatening safety at work, concealment, treason and the illegal obtaining of a business secret, money laundering, betraying classified information or causing general danger, and the sentence has not yet been erased.
Evidence
Certificate of no criminal record
Evidence may be acquired by the Insurance Supervision Agency from an applicant for a member of the Management Board of an insurance public limited liability company or from the criminal records.
Legal basis
Competent Authority
Ministry of Justice
Župančičeva 3
1000 Ljubljana
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A member of the Management Board of a public limited liability company may be a person who is suitably professionally competent, and has the characteristics and experience required to manage the transactions of an insurance company.
This condition is met if a person:
- has sufficient technical and practical knowledge of managing insurance transactions, and
- at least four years' experience in managing insurance transactions or a company of a comparable size and activity to the insurance company or other comparable transactions.
Evidence
Evidence of fulfilment of the conditions for suitable professional competence
Legal basis
Competent Authority
Insurance Supervision Agency
Trg republike 3
1000 Ljubljana -
A person has not been convicted res judicata of a premeditated criminal offence or one of the following criminal offences committed out of negligence: causing death through negligence, serious bodily harm, extremely serious bodily harm, threatening safety at work, concealment, treason and the illegal obtaining of a business secret, money laundering, betraying classified information or causing general danger, and the sentence has not yet been erased.
Evidence
Certificate of no criminal record
Evidence may be acquired by the Insurance Supervision Agency from an applicant for a member of the Management Board of an insurance public limited liability company or from the criminal records.
Legal basis
Competent Authority
Ministry of Justice
Župančičeva 3
1000 Ljubljana
Procedures
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Licence for members of the Management Board of insurance public limited liability companies
Attachments
Procedure costs
Fee for the issue of a licence for a member of the Management Board: 417.00 €