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We appreciate your visit to - PPT Presentation

G reetings the Japan I n surance Brokers Association s official website The insurance broker system was introduced as a registered and authorized business class defined by the Insurance B ID: 854890

brokers insurance broker business insurance brokers business broker japan clients risk life jiba association management act members programs objectives

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1 G reetings We appreciate your visit
G reetings We appreciate your visit to the Japan I n surance Brokers Association ’ s official website . The insurance broker system was introduced as a registered and authorized business class defined by the Insurance Business Act on April 1, 1996. The Japan Insurance Broker s Association (JIBA) was established on December 9, 1997 and was reorganized as a general incorporated association as of April 1, 2009. Insurance agencies act on behalf of in surance carriers, while insurance brokers act for the benefit of their clients. Insurance brokers, independent from insurance companies, function as an intermediary in the conclusion of insurance contracts in a professional and prudent manner for the clients who have entrust e d such a role to them. This is one of the most distinct differences from insurance agencies, who are agents of insurance companies. . Insurance brokers are appointed by clients and are intermediaries for insurance contracts, acting in good faith for the benefit of clients. Providing the best advice to the clients is the core duty of insurance brokers. To perform their dut ies , insurance brokers have to work as consultants for their clients by providing advice in a neutral and fair manner. In some cases, risk transfer to insurance carriers may not be the best solution from the standpoint of the clients. The development of our interconnected and innovative world, including the rapid expansion of the internet, has caused business es to require and seek for more sophisticated and diversified risk management methods . For instance, business enterprises operating overseas must be aware of the unique and unfamiliar risks in

2 the countries and region s where they
the countries and region s where they plan to expand their busin ess. In this respect, insurance brokers help their clients understand local business customs and insurance business laws, and enable them to succeed in their expansion. In an aging society in Japan, the need for life insurance and non - life insurance for individuals will increas e . In addition, the need for protection from natural catastrophes will also increas e , as the frequency and the severity of disasters in Japan and thr oughout the world continue to rise . As true advocates for businesses, we believe insurance brokers are the best partner s to help you assess your risks and choose the best risk management solution for your current and future business. Satoru Hiraga Preside nt & CEO Corporate Profile Corporate Name Japan Insurance Brokers Association A bout JIBA Address Sanyu - tokiwabashi Bldg. 8 th Fl. 3 - 5, Nihonbashi - hongokucho 3 - chome, Chuo - ku, Tokyo 103 - 0021 Tel: +81 - 3 - 6262 - 6400 Fax: +81 - 3 - 6262 - 6401 Email: jiba - cert@jiba.jp Map: View map Objectives P repare for higher responsibility as a self - regulating organization H elp expand insurance broker s ’ market I ncrease the number of member companies and broker license holders S upport expanding international business for insurance brokers Measures 1. E stablish management of non - life and life insurance brokers ’ business by setting up separate committees 2. E stablish voluntary compliance guidelines and to set up education programs for the members 3. M anage broker license examination s and the continuing education programs 4. M aintain close relationship with reg

3 ulatory authorities, and to help improve
ulatory authorities, and to help improve the insurance distribution market in Japan 5. C ooperate closely with brokers ’ associations in other countries Organiz ation Chart Directors Chairman Satoshi Kasseki (Nippon Souken Co., Ltd.) President & CEO Satoru Hiraga (Marsh Broker Japan, Inc.) Deputy President Akihiro Soejima (ARM Consulting Co., Ltd.) Jun Yamaguchi (Marnix Corporation) Executive Director Yoshio Miyatake Managing Director Yoshiyuki Sogawa (Ark Insurance Brokers Inc.) Takuji Mitani (MST Risk Consulting Co., Ltd.) Keiichiro Nagato mo (Kyoritsu Insurance Brokers of Japan Co., Ltd.) Director Tatsuri Fukui (I&T Risk Solutions Co., Ltd. ) Katsuya Tanimizu (Aon Benfi e ld) Y oichi Tategami (Financial Products Group Co., Ltd.) Masahiro Iwasawa (Ginsen Risk Solutions Co., Ltd.) Hiroyuki Kawakubo (Toyota Tsusho Insurance Management Corporation) Akira Makiuch i (Bluewell Insurance Brokers Ltd.) Makoto Komachi (MIC Risk Solutions Co., Ltd.) Toshihiro Maeda (World Insurance Brokers Corp.) A uditor Hajime Nara Toru Kojima Secretariat Secretary General Yoshitaka Souma Members Service Committee Objectives: 1. C onduct insurance broker qualifying examinations 2. P repare and review educational and training programs Public Relations Committee Objectives: 1. P romote insurance broker business 2. C onduct public relations activities 3. R eview qualification for membership 4. R eview and maintain professional code of ethics and code of conduct 5. H elp new insurance broker s with their registration 6. P repare standard business procedures and documentary forms Members List MemNers IisP , 2020