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Indonesia: Code of practice issued for general insurance agents

Source: Asia Insurance Review | Jan 2021

The Indonesian General Insurance Association (AAUI) has released a standard code of practice for general insurance agents according to a report from local publication Kontan.
 
This issuance seeks to standardise rules of conduct and ethics for general insurance agents who have an agency agreement with an insurance company that is an AAUI member.
 
AAUI deputy chairperson for the agency sector Bambang Soekarno noted that one of the important points stipulated in this code of conduct is that an insurance agent is not allowed to be tied to more than one insurance company. A 
 
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