What is the difference with the IIQE examination after the Insurance Authority (IA) takes over the insurance industry?

  The long-standing self-regulatory method of the insurance industry officially ended on September 23, 2019. Beginning on September 23, 2019, the Insurance Authority (IA) took over the management of all compliance, licensing, monitoring and disciplinary matters for the entire insurance industry. After taking over, the Insurance Authority (IA) has also made changes to some of…

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What is the difference between an insurance company and an insurance brokerage company

  Isn’t every company that sells insurance policies called an insurance company?   Insurance companies refer to companies that will launch their own new products (insurance plans). These companies usually have a larger scale. They will arrange everything from product development, front-line sales, underwriting, claims, complaints, and actuarial calculations. To ensure compliance with the requirements…

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