INSURANCE COMMISSION OF THE BAHAMAS

Insurance Commission of The Bahamas is an independent regulatory agency with responsibility for regulating all insurance activity in and through The Bahamas. It serves as the prudential and market conduct regulator, and provides ongoing monitoring and control of all domestic insurers (general, long-term), agents, brokers, salespersons, adjusters, underwriting managers and external insurers... Insurance Commission of The Bahamas was established on July 2, 2009, under The Insurance Act 2005, Chapter 347, and is responsible for the regulation and control of all insurers and intermediaries... In its role as both the prudential and market conduct regulator, its purpose is to ensure a sound and stable insurance marketplace and consumer confidence in the insurance industry.

Also known as: Insurance Commission, International Compliance Association

Primary location: Nassau