Regulatory Alerts2025-10-24
Eligibility Requirements for Involving Foreign Individuals in Assessing Risks and/or Losses and Investigating Insured Events in the Agricultural Insurance Sector
The Financial Markets Supervisory Authority of Azerbaijan issued Resolution No. 1951100035 to establish eligibility criteria for foreign individuals assessing risks, losses, and insured events within the national agricultural insurance system. Qualified professionals must hold relevant educational credentials, secure independent expert authorization from their home country, possess at least five years of professional experience, and reside outside designated high-tax jurisdictions. Applicants must submit certified and translated documentation to the agrarian insurance authority, with any subsequent changes or restrictions in their eligibility requiring notification within thirty days.
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