Insurance (Bancassurance) Regulations, 2020

6. Registration requirements

Edition: 2022-12-31 · In force

An application for registration as a bancassurance intermediary shall be accompanied by—

(a)an application fee of twenty thousand shillings;

(b)a collaboration agreement with any insurer whose products the applicant intends to market or distribute;

(c)a bancassurance business plan;

(d)a letter of no objection from the regulator of the bank, microfinance bank or financial institution;

(e)a written application for approval of the principal officer of the applicant; and

(f)constitutive documents including a certificate or registration or certificate of incorporation.