The requirements of registration renewal in the Insurance Agents Register shall be as follows:
An application to be submitted to the IA using the form designated for this purpose, at least one month prior to the expiry of the registration term. The application for renewal shall be submitted in duplicate signed by the Insurance Agent; and
A statement containing the business practiced as Agent for the Company during the year using the form prepared for this purpose.
If the Insurance Agent is a corporate person, they must submit, in addition to the requirements set forth in Clause (1) herein, a list including the name(s) of the director(s) in charge of its management, as the case may be, and all key staff in charge of agency business.
True copies of the trade license and certificate of registration in the Commercial Register shall be submitted.