Licenses of 2 insurance mediators cancelled in Azerbaijan

17:50 - 9.06.2023

June 9, Fineko/ The Central Bank has cancelled the licenses for activity of an insurance broker to 2 individuals, 1 of whom is an insurance broker and 1 is an insurance agent, ABC.AZ reports with reference to the CBA.

The relevant decision was made on June 7 in accord with the Law on Insurance Activity. Following the decision, the licenses were cancelled on the basis of voluntary applications.