An Insurance company with a registered office in a country of the European Economic Area can perform its business activities in Spain, carrying out their activity in the regime of freedom to provide services. In accordance with the provisions of Article 78 of the aforementioned Private Insurance Arrangement and Supervision Act, correspond to the state of origin in the European Economic Space, which is competent for the financial supervision of these companies, and must be recorded in the administrative registry, which can be consulted.
To carry out in Spain the business activity of insurance brokerage –LMS Private Insurance Mediation Act- needs to comply with some essential requirements for nationals of member States of the EEA . The main requirement is an Authorisation by the DGS, being necessary to be in possession of the title of “mediator of insurances”, for which it is essential to have capacity to practice commerce; not being disqualified from carrying out the business of Insurance Brokerage or suspended in functions of direction of insurance companies; have passed an aptitude test, approved by the DGS, or be a graduate in Law, Economic Science or Business Science, actuary of insurance or hold a superior university title of first stage in private insurance matters.
Be able to find the unauthorised organisations in the following link http://www.dgsfp.meh.es/Sector/entidadesnoautorizadas_in.asp
