Insurance Act 1966 · 2020 Revised Edition · Part 2B · Insurance Intermediaries
72. Business conduct of insurance intermediaries
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Without limiting section 154(1) and (4), the Authority may make regulations or issue directions for or with respect to —
the standards to be maintained by an insurance intermediary in the conduct of business under this Act, including the standards in relation to the obligation to disclose information to insureds;
insurance intermediary
“insurance intermediary” means a person who, as an agent for one or more insurers or as an agent for insureds or intending insureds, arranges contracts of insurance in Singapore, and includes an insurance agent or an insurance broker;
the qualifications, experience and training of an insurance intermediary and, where the insurance intermediary is a corporation or an association, of the officers, agents and employees of the insurance intermediary; and
corporation
“corporation” has the meaning given by section 4(1) of the Companies Act 1967;
the procedure for the conduct of disciplinary control of insurance intermediaries and, where the insurance intermediary is a corporation or an association, of the officers, agents and employees of the insurance intermediary.[35TA