Skip to main content
Entire section Custom print Text Only Rich Text Print

Article (19) Auditing the Records and Books of the Insurance Agent

IA-BOD-RES 8/2011 Effective from 7/4/2011
  1. The Director General may assign one employee or more of the IA or hire an external party to audit the insurance agency business. The Insurance Agent shall place all records, documents, entries and accounts of the agency at the disposal of the auditors, cooperate with them, and respond to their requests so that they can fully do their work.
     
  2. The Insurance Agent shall incur the expenses determined by the Director General in case of hiring an external party for the audit.
     
  3. The Insurance Agent must submit any data or information required by the Director General within the period specified for this purpose by the Director General.