Section 11Part 3 — OBLIGATIONS OF LICENSEES
Returns required of insurance agent
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Except as otherwise approved by the Authority, in writing, an insurance agent shall submit to the Authority by way of annual return within six months of the end of the calendar year, in respect of his domestic business —
confirmation in writing that the insurance agent is acting for no more than two insurers and the names of those insurers;
evidence of the existence of a power of attorney, agency agreement or guarantee or professional indemnity insurance as required under section 14; and
confirmation in writing that the information set out in the insurance agent’s application for the licence, as modified by any subsequent changes approved by the Authority, remains correct.
Cross References
- Section 14 of Insurance Law
required under section 14
Referenced By
- Section 22 — Duties of the Authority
Reference in section 22(1)(c)