The Insurance Intermediaries Licensing Manual sets out the necessary conditions and procedures to be met by entities applying to obtain an insurance intermediary license. The manual provides specific guidelines on receiving and evaluating applications and specifies the minimum required documentation for application for insurance intermediaries. It should be noted that the manual is meant as a procedural guide only and does not include all the factors, as they can be evaluated later during the analysis phase. During the application process additional information may be required by the CBK depending on the complexity of the situation.
For any additional clarification or individual questions, interested parties are recommended to check the “Frequently Asked Questions” section at the CBK website and Annexes: I – Licensing Process and II – Licensing Requirements, III – Alternatives to Insurer Licensing and IV – Foreign Insurance Intermediaries of the Insurance Intermediaries Licensing Manual or directly contact the Department for Licensing and Standardization at the CBK via email Licencimi@bqk-kos.org or via telephone number +381 (0) 38 222 055.