Companies intending to offer insurance cover in Belgium must be approved by the Financial Services and Markets Authority (FSMA).
The FSMA can authorise the following organisations to manage insurance applications:
- Belgian companies
- foreign companies with a Belgian subsidiary
- foreign companies involved in insurance activities in Belgium without having registered offices there.
The FSMA website provides a summary (in French or Dutch) of accredited insurance companies in Belgium, in each case including a list of branches (in French or Dutch) for which they can handle insurance applications (for example: ‘general third party liability insurance’ or ‘life insurance’).