commiss recommend decemb insur intermediari eec commiss european commun regard treati establish european econom commun articl thereof insur intermediari import factor distribut insur member state creation intern market entail increas rang product result freedom provid servic profession compet insur intermediair essenti element protect policyhold seek insur member state requir take activ insur intermediari specif categori intermediari gener commerci profession knowledg abil knowledg desir principl insur intermediari measur converg council direct eec set measur absenc mutual recognit diploma coordin facilit effect exercis freedom establish freedom provid servic take pursuit activ insur agent broker measur transit natur left member state case insur undertak recogn profession organ conform eec treati establish exact level gener commerci profession knowledg consid guarante policyhold person seek insur adequ inform assist take account type intermediari involv desir insur intermediari meet profession requir regard profession indemn insur fit proper consist exist commun rule impos capit requir intermediari hold client moni assist administr perform insur contract clarifi definit independ insur broker view applic relev provis council direct eec insur intermediari compet insur intermediari regist member state registr condit take exercis activ intermedi insur central regist distinguish depend independ insur intermediari recommend bind member state address result achiev solicit cooper voluntari basi effect mean enabl adopt provis recommend member state ensur insur intermediari establish territori subject profession requir registr accord provis contain attach annex member state inform commiss month notif recommend text main law regul administr provis adopt measur profession organ insur undertak respect recommend inform commiss field brussel decemb commiss leon brittan vice presid oj oj annex profession requir registr insur intermediari articl definit purpos recommend insur intermediari defin person take pursu activ defin articl paragraph direct eec emploi capac paid employe articl scope subject paragraph recommend appli insur intermediari defin articl member state appli recommend person provid insur requir gener specif knowledg insur cover risk loss damag good suppli person princip profession activ provid advic sell insur manag undertak take exercis activ insur intermediari includ adequ number person possess gener commerci profession knowledg abil requir articl paragraph member state recommend undertak offer relev basic train employe involv mediat insur product articl independ intermediari person defin articl paragraph direct eec disclos person seek insur reinsur risk direct legal econom ti insur undertak sharehold undertak affect complet freedom choic insur undertak compet bodi determin member state spread busi insur undertak previou year articl profession compet take pursuit activ insur intermediari subject profession requir paragraph insur intermediari possess gener commerci profession knowledg abil member state requir level knowledg abil categori intermediari mention articl level knowledg abil determin member state level practic applic determin administ profession organis recogn member state subject supervis member state level practic applic determin administ insur undertak assum respons liabil activ exercis categori intermediari defin articl paragraph direct eec insur intermediari possess profession indemn insur compar guarante liabil aris profession neglig insur provid insur undertak undertak emploi empow act insur intermediari good reput previous declar bankrupt rehabilit accord nation law insur intermediari defin articl paragraph direct eec requir suffici financi capac level form capit requir determin member state articl registr insur intermediari fulfil profession requir articl paragraph regist member state regist person allow pursu activ insur intermediari member state appoint compet bodi administ regist mention paragraph profession organ recogn member state appoint administ regist case articl paragraph subparagraph regist administ insur undertak member state compet author access regist central regist exist distinguish independ depend insur intermediari insur intermediari inform public fact regist articl sanction adequ sanction measur exist member state appli person pursu activ insur intermediari regist member state adequ sanction measur exist member state insur intermediari ceas fulfil requir articl paragraph includ possibl remov regist