October 22, 2021

Commission and remuneration for insurance agents and intermediaries: poised for change

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By┬áCelia Jenkins┬áContributed by Tuli & Co From International Law Office Overview Historically, the insurance statutory and regulatory framework has strictly restricted the amount of commission or remuneration that could be paid to insurance agents and insurance intermediaries (eg, insurance brokers, corporate agents, web aggregators and insurance marketing firms) for the solicitation and procurement of insurance […]