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Objectivity, ethics, transparency and service

ADECOSE is an independent association that was founded in 1977 to defend the interests of insurance and reinsurance brokers. The professionalism of our members has allowed us to consolidate our position as a qualified and influential representative, dealing with the authorities and the insurance market, at a national and a European level.

ADECOSE brings together leading companies from the insurance mediation sector who have similar structures and competitive capacities. The professionalism of our members has allowed us to consolidate our position as a qualified and influential representative, dealing with the authorities and the insurance market, at a national and a European level. 

The Association is on the Insurance and Pension Funds Advisory Board. We are represented by our president, Martín Navaz, who holds a seat on the board, giving us a privileged position for the analysis of the sector’s regulations. 

We also hold the presidency of BIPAR (European Federation of Insurance Intermediaries), and we belong to the Insurance and Reinsurance Group of the European Insurance Authority (EIOPA), represented by our treasurer Juan Ramón Plá.

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We also represent Spanish reinsurance brokers.   

The Ordinary General Meeting, held on 23 June 2020, ratified the incorporation of ASECORE (Spanish Association of Reinsurance Brokers), making them an institutional member of ADECOSE. With this incorporation, ADECOSE has brought together almost 100% of insurance and reinsurance brokers.

Strategic mission: We defend the interests of insurance and reinsurance brokers

Our objective is to defend the interests of the insurance and reinsurance brokers that are members of ADECOSE, respecting and deepening our values of freedom, independence, objectivity, ethics, and service to associates.

Corporate vision: We professionalize the mediation sector

The current landscape requires a new culture of corporate risk management, meaning greater professionalism, transparency and independence, along with more information and consumer protection. As the leading association that is most representative of the sector, we have a crystal clear vision for the coming years: to help insurance and reinsurance brokers with their professional and business improvement.

Clear objectives

Defending the interests of associate brokers

We represent and defend the interests of all our associate brokers regarding to the authorities and other economic and social sectors, in accordance with the Association’s Statutes.

Innovation and internationalisation

We promote innovation within mediation, as well as the creation of services and networks that are international in nature, allowing for corporate interrelation and exchange.

Recognition of the figure of the broker

We inform people about the importance of the functions of a broker in relation to risk management advice, in an attempt to have their value recognised by society in general.

We have a highly professional organizational structure

See organization

Code of Conduct

Regulatory compliance

We comply with the applicable laws and regulatory criteria, and we provide the necessary means to ensure that our employees are aware of their obligations and rights.

Quality and objectivity

We abide by the principles of quality and objectivity in defending the client, in line with their circumstances, and protecting their interests.

Professionalism and honesty

We maintain strict professional confidentiality and, in our relationships with customers and insurers, we provide the necessary information in a clear, truthful and honest way.

Ethics and independence

We pursue ethical relationships with customers, insurers and suppliers, as well as an independent professional approach.

ADECOSE Statutes

Our Statutes set out both the rights and obligations of our associate brokers, and the operation of our Board of Directors.

Download Statutes