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Thursday 13 June 2024


Thursday 13 June 2024

The CBUAE issues its 2023 Annual Report

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Register Branch of Corporate Insurance Agency

​A process whereby the a branch of a company owned by the person approved by the insurance company and authorized to practice insurance business on its behalf or on behalf of one of its branches is registered.

 

Target Audience:

Agents

 

Office location: Abu Dhabi/ Dubai

Department/Section: Licensing  division

Contact Person: Licensing  division

Phone: 80042823

Fax: 97125572111

Email: [email protected]

1.Electronically submit the application on the system, by user name and password. In the event that the user is new he shall send an email letter requesting a user name and password

2. Complete the service form and upload it along with the documents in the electronic system

3. The completed application is reviewed and approved

4. The technical staff (key employees) shall be interviewed in the Authority’s headquarters

5. Pay the fees through e-services or through a smartphone application. In case the applicant is applying in person: Payment can be made through the electronic screen at the Customer Service Center in the Authority; and in case of a system breakdown: Payment can be made by e-Dirham or credit card at the Authority

6. The customer prints the Registration Certificate

 

Service Fees:

Fee for the registration of a branch of an insurance agent company:  AED 3,000 once at the time of extract printout.​

Submit the application electronically

Pay the fees

 

Attachments Required

  1. The agent should have been registered in the Register for at least two years during which he has practiced the business effectively and has not been subject to a disciplinary penalty.

  2. True copy of the company approval authorizing the opening of a branch of the Agency.

  3. Initial approval of the competent authority in the concerned Emirate.

  4. The proposed action plan for the branch to be opened in the UAE.

  5. Any other documents requested by the Director-General.

Estimated time from the submission of the application until the completion of the service: 15 days from the date of submitting the complete application.

Total transactional number

Service Name

Register Branch of Corporate Insurance Agency

Service Category

Insurance Services

Service Type

Companies Business Services

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Last updated on: Thursday 23 February 2023

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