January 17, 2022

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

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By Celia Jenkins Contributed 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 […]