Insurance Intermediary Disclosures

Business Authorization

KRIK AKSUM Zavarovalno posredniška družba d.o.o. (KRIK AKSUM) holds an authorization from the Insurance Supervision Agency (AZN) to perform insurance brokerage services, ref. no. 30220-1640/01-22, issued on December 21, 2001.

The register of insurance brokerage firms is maintained by the AZN and is accessible on their official website under the “Register of Insurance Brokers” section: AZN – Register (agents, brokers).

Insurance Broker Disclosures

Neither KRIK AKSUM nor any of its employed insurance brokers (or those providing services on other legal grounds) hold a direct or indirect interest representing more than a 10% share of voting rights or capital in any insurance company.

No insurance company or its subsidiary holds a direct or indirect interest representing more than a 10% share of voting rights or capital in KRIK AKSUM.

KRIK AKSUM maintains a register of insurance brokers in accordance with Article 562 of the Insurance Act (ZZavar-1), which is accessible at the bottom of this page.

Insurance brokers performing brokerage services at KRIK AKSUM hold professional indemnity insurance covering the entire EU territory, in accordance with Paragraph 4 of Article 551 of ZZavar-1.

KRIK AKSUM operates as an independent insurance broker, protecting the interests of the policyholder in line with the legal obligations set forth in Article 551 of ZZavar-1. We obtain offers and facilitate the conclusion of insurance contracts with all insurance entities registered with the AZN.

We are members of the Association of Insurance Brokers of Slovenia and operate in accordance with the Code of Good Business Practices in insurance brokerage.

Limitation of the Insurance Broker’s Obligations

Pursuant to Point 2, Paragraph 2 of Article 551 of the Insurance Act (ZZavar-1), KRIK AKSUM is obliged to mediate in the conclusion of insurance that provides the maximum protection for the policyholder relative to the circumstances of the specific case. This obligation may be limited to specific insurance products only if the insurance broker explicitly notifies the policyholder. Such limitation may arise from the explicit instructions of the policyholder or the nature of the insurance itself.

Conflict of Interest

Pursuant to Article 553 of the Insurance Act (ZZavar-1), we hereby state that KRIK AKSUM Zavarovalno posredniška družba d.o.o. has no legal or economic ties with any insurance company that could influence the impartiality of the insurance broker in fulfilling its obligations toward the policyholder.

Remuneration for Insurance Brokerage Services

In accordance with Article 554 of ZZavar-1, the insurance broker has no right to demand commission or any other payment from the policyholder, unless explicitly agreed otherwise in writing in the brokerage agreement concluded with the policyholder.

If the aforementioned brokerage agreement explicitly stipulates in writing that the broker is entitled to a commission (from the policyholder), the right to such commission is acquired when the insurance contract, facilitated by the broker, becomes effective.

Business Compliance

Compliance is the cornerstone of our operations and a key commitment to our clients. We operate in full accordance with applicable Slovenian and European legislation and under the strict supervision of the Insurance Supervision Agency (AZN). Beyond legal frameworks, we are bound by the ethical standards set in the Code of Good Business Practices of the Association of Insurance Brokers of Slovenia, of which we are active members. This ensures that our processes and services are both formally impeccable and fully transparent.

Our commitment to compliance exceeds mere adherence to external requirements. Through carefully designed internal procedures, regular employee training, and continuous monitoring of industry changes, we ensure that the principles of professionalism, independence, and impartiality are embedded in every aspect of our work. For you, our clients, this guarantees absolute confidence that your interests always come first and that the services you receive are not only of high quality but also secure and compliant with the highest standards.

Register of Insurance Brokers