Another ban for insurance agents

11:43 - 2 February 2023

February 2, Fineko/abc.az. There has been another unpleasant innovation in the insurance market of Azerbaijan in relation to insurance mediators – agents.

ABC.AZ reports that companies providing compulsory insurance services have informed insurance agents that from 1 February, the insurance agent's commission will not be paid for cars with engine capacity of up to 3 liters.

As a result, insurance agents will be able to receive payment only for cars with engine capacity of more than 3 liters.

Until now, for about 1 year, such a ban has been in effect for cars with engine capacity of up to 2 liters.