Life Insurance Association General Insurance Association Collaborate with OIC Moving forward with the rating of agents and brokers, the Office of the OIC has taken legal action both administratively by revoking the license to be an insurance agent or broker. and criminally by prosecuting insurance fraud cases against insurance agents or brokers who continuously violate the law. Therefore, in order to enhance measures to deter insurance agents or brokers from violating the law, if an agent or broker gets red flags, they must leave the insurance industry immediately.
Mr. Sara Lamsam, president of the Life Protection Association, revealed that life and casualty insurance has been around for a long time. Even if insurance companies have branding, we still have problems in cases where agents or brokers have licenses but do not act properly. Collecting premiums and not remitting them The customer bought the wrong person. In the case the deputy mentioned, it shows a picture of incorrect information being provided.
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