Business And Markets

CII Ban Draws Ire

CII Ban Draws Ire
CII Ban Draws Ire

The Central Insurance company of Iran's recent decision to ban companies from selling policies via unauthorized websites has created a stir.  
CEOs of major but unauthorized insurance applications, namely Asan Pardakht, Bimeh Bazar, Bimito and AzKi, in a letter to the regulator (CII) recalled their concerted efforts to function in line with rules and urged it to reverse its decision,, a local media outlet covering insurance industry issues, reported on Sunday.
The CII on Thursday warned insurance companies and agents against offering services to unauthorized applications and websites.


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