Licensed Agent Disclosure

1. Company Information and Licensing

Business Entity

Company Name: SafetyBoat S.à r.l.
Registration Number: B123456
Registered Address: 123 Route d'Esch, 1470 Luxembourg
Business Type: Licensed Insurance Intermediary

2. Nature of Our Business

What We Do

SafetyBoat operates as an insurance intermediary and lead generation platform. Our services include:

• Quote Comparison: Gathering and comparing insurance quotes from multiple providers
• Lead Generation: Connecting consumers with licensed insurance agents and companies
• Information Services: Providing educational content about insurance products
• Referral Services: Facilitating introductions between consumers and insurance professionals

What We Don't Do

SafetyBoat does not:

• Underwrite insurance policies
• Issue insurance contracts directly
• Handle claims processing
• Provide binding coverage commitments
• Act as an insurer or insurance company

3. Agent Relationships and Partnerships

Licensed Insurance Partners

We maintain relationships with the following types of licensed insurance professionals:

• Licensed Insurance Agents: Individuals authorized to sell insurance products
• Insurance Brokers: Licensed intermediaries representing consumer interests
• Insurance Companies: Direct partnerships with insurers
• Managing General Agents (MGAs): Specialized insurance distributors

Agent Verification

All insurance professionals in our network must meet these requirements:

• Hold valid insurance licenses in their jurisdiction
• Maintain current professional liability insurance
• Comply with continuing education requirements
• Pass background checks and professional verification
• Agree to our professional standards and code of conduct

4. Compensation and Financial Arrangements

How We Are Compensated

SafetyBoat receives compensation through various arrangements:

• Lead Generation Fees: One-time payments for qualified customer referrals
• Commission Sharing: Percentage of premiums from policies sold through our platform
• Marketing Fees: Payments from partners for promotional services
• Technology Fees: Charges for use of our comparison platform

No Additional Cost to Consumers

Important: Our compensation does not result in additional costs to you. Insurance premiums and terms are the same whether you purchase directly from an insurer or through SafetyBoat.

5. Consumer Rights and Protections

Your Rights

As a consumer using our services, you have the right to:

• Transparent Information: Clear disclosure of all fees and relationships
• Multiple Options: Access to quotes from various insurance providers
• Professional Service: Interaction with licensed, qualified insurance professionals
• Privacy Protection: Safeguarding of your personal and financial information
• Fair Treatment: Non-discriminatory access to insurance products

Regulatory Protections

Our operations are subject to oversight by:

• Commissariat aux Assurances (CAA): Luxembourg insurance regulator
• European Insurance and Occupational Pensions Authority (EIOPA): EU-level oversight
• Data Protection Authority: Privacy and data protection compliance

6. Important Disclaimers

Quote Accuracy

Insurance quotes provided through our platform are:

• Estimates based on information provided by you
• Subject to verification and underwriting by insurance companies
• Not binding commitments for coverage
• May change based on additional information or requirements

Agent Independence

Insurance agents and brokers in our network:

• Are independent contractors, not SafetyBoat employees
• Make their own underwriting and coverage decisions
• Are responsible for their own professional conduct
• May represent multiple insurance companies

7. Complaint Resolution and Regulatory Contact

Internal Complaint Process

If you have concerns about our services:

1. Contact Us Directly: Email complaints@safetyboat.co or call +352 27 123 456
2. Written Response: We will acknowledge your complaint within 2 business days
3. Investigation: Full investigation completed within 15 business days
4. Resolution: Written response with our findings and any corrective actions

Regulatory Complaints

You may also file complaints with our regulatory authorities:

8. Professional Standards and Ethics

Code of Conduct

SafetyBoat and our partner agents commit to:

• Honesty and Integrity: Providing accurate information and transparent dealings
• Professional Competence: Maintaining expertise and staying current with regulations
• Customer First: Prioritizing consumer interests in all transactions
• Confidentiality: Protecting sensitive customer information
• Fair Dealing: Treating all customers equitably and without discrimination

9. Ongoing Compliance and Monitoring

Regular Audits

We conduct regular compliance reviews including:

• Annual license verification for all partner agents
• Quarterly review of business practices and procedures
• Ongoing monitoring of customer satisfaction and complaints
• Regular training updates for staff and partners

Regulatory Reporting

We maintain compliance through:

• Annual regulatory filings with the CAA
• Financial reporting and solvency requirements
• Professional indemnity insurance maintenance
• Data protection compliance reporting

10. Updates to This Disclosure

This Licensed Agent Disclosure may be updated to reflect:

• Changes in regulatory requirements
• Updates to our licensing status
• Modifications to our business practices
• New partnership arrangements

We will notify you of significant changes and post the updated disclosure on our website.