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Lithuania insurance brokers will have to prove their qualification
Danuta Pavilenene, BC, Vilnius, 24.02.2012.
Print version
Print versionThe Board of the Bank of Lithuania ruled that insurance brokers must pass an examination to prove their qualification.
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The insurance law provides for only an impeccable reputation natural person who has passed a qualifying examination for insurance brokers to become an insurance broker. Currently, the number of natural person who hold an insurance broker's license is 911, the central bank said in a statement, writes LETA/ELTA.
It was established that applicants must submit their documents to the Bank of Lithuania within 14 days after publication of the said ruling.
The qualifying examination for insurance brokers is expected to be organised on 17 April this year.
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