What are the requirements to be registered as an insurance broker?
The provision of insurance broking services is regulated under the Insurance Act. The application procedures for registration as an insurance broker, including the criteria for registration, the application forms and required documents are set out in the links below:
- Insurance broker application (125.9 KB)
- Appointment of Chief Executive Officer or Director (114.6 KB)
- Appointment of broking staff (55.3 KB)
The service standard for processing an insurance broker application is generally 4 months from the date of application, subject to the submission of a complete set of information and the amount of time needed for further clarification, should this be needed.
This information is sourced from MAS
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