Services Provided by the Insurance Board.
1. Registration and renewal of insurer, surveyor, broker and insurance agent.
2. Expansion of branch of insure
3. Judgment om insurance claims.
4. Recommendation of foreign currencies.
5. Acceptance of insurance policy.
6. Training for surveyor, insurance agent broker and others involved in insurance sector.
7. Acceptance of insurance fund.
8. Publishing and providing information regarding insurance for concerned sectors.
9. Providing advice to government to formulate plan and policy regarding insurance business.
Insurance Board is the supreme authority for the management of insurance business within the country, Basically, insurance companies are the main the customers of the board. Paying certain amount from insurance fund collected from insureds, they receive different services from the board. Apart from those companies, surveyor, broker, researcher, students and the and general public may also enjoy the services from the board. All types of services provided by the board are totally based upon the insurances Act 2049, Insurance regulations 20439 and other concerned regulations.
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