Insurance Broker Agreement Template for Malaysia

1. Additional Services: Used when the broker provides services beyond standard insurance broking, such as risk management consulting

2. International Operations: Include when client has overseas operations requiring international insurance placement

3. Claims Handling: Detailed procedures for claims handling if the broker provides claims management services

4. Risk Management Services: Include when offering additional risk assessment and management services

5. Electronic Communications: Specific provisions for digital communications and online platforms if relevant

6. Sub-broking Arrangements: Include when the broker may need to engage other brokers for specialized coverage

7. Service Level Agreement: Include when specific performance metrics and service standards are required

1. Schedule of Services: Detailed list of specific insurance broking services to be provided

2. Fee Schedule: Breakdown of fees, commissions, and other charges

3. Service Level Standards: Specific performance metrics and response time requirements

4. Authorized Representatives: List of designated contact persons from both parties

5. Insurance Markets: List of approved insurers and markets the broker may approach

6. Compliance Requirements: Detailed regulatory requirements and compliance procedures

7. Claims Procedures: Step-by-step process for claims handling and documentation requirements