UAE – Licensing mechanism for “consultants”
Wednesday, 10 18 2017, Category: Insurance and Reinsurance, Country: U.A.E
The Insurance Authority considers the issuance of regulations related to the licensing of “consultants” before the end of the current year 2017. The “insurance consultant” will have to study the legal, technical, and financial aspects of insurance and reinsurance and subsequently give his opinion about it. He has to assess the risks to be insured and prepare the elements of insurance coverage. He has to collaborate with financial experts. In addition, he has to give his opinion about life insurance, property insurance as well as prepare reinsurance programs if necessary.
Source: Economic Al Khaleej