Renew Registration of Insurance Broker
A process to renewed in the Insurance Brokers Register. The Broker is the person who independently mediates between the insurance applicant (requestor) in the one hand and any insurance company on the other hand. The broker receives his/its fees in the form of commission from the insurance company
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Target Audience:
Insurance Brokers
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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
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Service Fees:
Fee for renewing the insurance broker Register : AED 5,000 per year
Fine fee for late renewal: AED 500 for each month subject to a maximum of AED 5,000 for each year. A part of a month shall be calculated as full month
Submission of the application electronically or through a smartphone application
Payment of the service charges
Ensuring that the company profile in the e-services is updated and complete
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Attachments Required
- True copy of the trade license and commercial registration
- True copies of the passports of the general manager, operations manager, internal controller and specialist professional for each type of insurance and their residence visas, if any, and ID cards
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Estimated time from the submission of the application until the completion of the service: one day from the submission of the complete application
Total transactional number
Service Name
Renew Registration of Insurance Broker
Service Category
Insurance Services
Service Type
Companies Business Services
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Last updated on: Thursday 23 February 2023
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