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ČNB Authorisation & Regulatory Credentials

Regulatory & ČNB Registration

Hankook Insurance and Reinsurance Brokers s.r.o. — Authorised Insurance & Reinsurance Intermediary

ČNB Registration Details
Registration Status: Active
Legal nameHankook Insurance and Reinsurance Brokers s.r.o.
Trading nameRenewables Re
IČO02693607
Registration typeIndependent insurance and reinsurance intermediary
Legal basisZákon č. 170/2018 Sb., o distribuci pojištění a zajištění
Registration valid until31 December 2026
Supervisory authorityCzech National Bank (ČNB)
Registered addressLighthouse Towers, Holešovice, Prague 170 00, Czech Republic

Clients may verify our registration status directly in the ČNB public register of financial market intermediaries. See Section 7 for the verification link.

Authorised Activities

Hankook Insurance and Reinsurance Brokers s.r.o. is authorised by the Czech National Bank to conduct the following regulated activities under Zákon č. 170/2018 Sb.:

Insurance distribution (all classes) — arranging and placing insurance contracts on behalf of clients with licensed insurers.
Reinsurance distribution — arranging and placing reinsurance contracts on behalf of cedants with licensed reinsurers.
Premium collection — collecting insurance premiums on behalf of insurers and passing them to the relevant carrier in accordance with regulatory requirements.
Claims handling assistance — assisting clients in presenting, documenting, and pursuing insurance claims with insurers and reinsurers.
Risk assessment for clients — providing analysis of clients' insurable risks and advising on appropriate coverage structures and markets.

Hankook Insurance and Reinsurance Brokers s.r.o. is a broker and intermediary, not an insurer or reinsurer. It does not underwrite risk on its own account. All insurance and reinsurance coverage is placed with licensed insurance and reinsurance carriers.

What ČNB Regulation Means for Clients

Registration with the Czech National Bank under Zákon č. 170/2018 Sb. (implementing the EU Insurance Distribution Directive IDD 2016/97/EU) provides clients with a range of statutory protections:

Client Fund Protection
Premiums and claim proceeds handled by a ČNB-registered intermediary are subject to regulatory requirements for segregation and client money handling.
Professional Indemnity
ČNB-registered intermediaries are required to maintain professional indemnity (PI) insurance as a condition of authorisation. See Section 6 for details.
Fit & Proper Requirements
All persons responsible for distribution activities must meet ČNB fit and proper standards, including qualifications, knowledge, and good repute requirements.
Record-Keeping Obligations
Intermediaries must maintain records of all distribution activities, client interactions, and product recommendations in accordance with ČNB requirements and Zákon č. 170/2018 Sb.
Complaints Procedure
Registered intermediaries must maintain a formal complaints procedure and respond to client complaints within statutory timeframes.
ČNB Supervisory Oversight
The Czech National Bank has ongoing supervisory authority over registered intermediaries, including the power to inspect records and impose sanctions for non-compliance.
Client Protection & Complaints

Clients who have a complaint about the services provided by Renewables Re (Hankook Insurance and Reinsurance Brokers s.r.o.) may use the following channels:

Internal complaints — contact us directly:

  • Email: randhir.jha@hibre.cz with subject line “Complaint”
  • Telephone: +420 722 705 365
  • Post: Hankook Insurance and Reinsurance Brokers s.r.o., Lighthouse Towers, Holešovice, Prague 170 00

We will acknowledge your complaint within 5 working days and provide a substantive response within 30 calendar days. Where a complaint requires further investigation, we will keep you informed of progress.

Escalation to ČNB: if you are not satisfied with our response, you may escalate your complaint to the Czech National Bank at www.cnb.cz. The ČNB has statutory authority to investigate complaints against registered intermediaries.

Professional Indemnity Insurance

Hankook Insurance and Reinsurance Brokers s.r.o. maintains professional indemnity (PI) insurance as required under:

  • Zákon č. 170/2018 Sb., o distribuci pojištění a zajištění (Czech Insurance Distribution Act)
  • The EU Insurance Distribution Directive (IDD) 2016/97/EU, Article 10

Professional indemnity insurance provides financial protection to clients in the event of errors, omissions, or negligence in the provision of insurance distribution services. The minimum indemnity limit required under the IDD (as indexed) is maintained at all times.

Details of our PI insurer and policy are available on request to clients or counterparties with a legitimate need for this information.

Verify Our ČNB Registration

Clients and counterparties are encouraged to verify our registration status directly in the Czech National Bank’s public register of regulated financial market intermediaries.

Our registration can be found by searching for:

  • Legal name: Hankook Insurance and Reinsurance Brokers s.r.o.
  • IČO: 02693607

📄  Open ČNB Register →

The ČNB public register (JERRS) is maintained by the Czech National Bank and provides authoritative confirmation of registration status, authorised activities, and registration validity dates for all regulated financial market intermediaries in the Czech Republic.

Contact Details
CEO / ContactRandhir Kumar Jha
Telephone+420 722 705 365
AddressLighthouse Towers, Holešovice, Prague 170 00, Czech Republic
Regulated byCzech National Bank (ČNB)
IČO02693607
Registration validUntil 31 December 2026