Regulatory Alerts2020-12-03 | 24130The Insurance (Intermediaries) Registration Regulations, 2020
The insurance regulatory authority issued The Insurance (Intermediaries) Registration Regulations, 2020 to standardize the licensing and oversight of insurance intermediaries. These regulations mandate that all brokers, agents, and surveyors must formally register with the regulatory body before conducting business. The framework establishes clear eligibility criteria, compliance obligations, and enforcement mechanisms to ensure market transparency and consumer protection.
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