Middle East guest blog: Consumer protection my foot
The insurance broking fraternity in the United Arab Emirates met on 9 February to discuss how, through concerted effort, they can enter into a meaningful dialogue with the UAE Insurance Authority to reverse the recently released, notorious Directive 2.
The long and short of Insurance Regulators Directive No.2 of 2012 is that:
1. When brokers collect cheque payments from a client these have to be in the name of the insurance company and should be for
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