Insurance Brokers Cyprus Application - EU Passporting Via Cyprus

Who is an insurance broker

An insurance broker is a Company who is acting on the best interest of the consumers and who is licensed to offer various insurance products and services by multiple insurance companies. An insurance broker unlike an insurance agent, is not keen to represent one specific insurance company but rather assess the needs of the consumer and present to them the best product for their needs. The insurance broker has also the capacity to make comparisons between multiple insurance products and services across various insurance companies

Timeframes

• Gathering of the information: usually takes 1 to 2 months depending on how efficient the applicant is
• Application Examination: Usually 2 months