An Insurance broker has the right to receive insurance premium under the concluded insurance contract.
Pursues Insurance Mediation, observing the principle of freedom to provide services, in Estonia and Lithuania.
In order to become a participant of Latvian financial and capital markets and commence business activities, a credit institution, an insurance company, a reinsurance company, an insurance broker, a credit union, an investment management company, an investment firm, an operator of regulated market, a pension fund, a payment institution, an electronic money institution, as well as an alternative investment fund manager shall obtain operating authorisation (licence).