Services · Freezone
Insurance Agent
Activity code: 6720-02
About this activity
Includes firms which represent one or more insurance company/companies in dealing with the insured parties, policy buyers and insurance brokers. An establishment of that kind works for the account of the insurance company under a special contract. It represents the insurance company on the local level and is authorized to carry out business assigned to it, provided that all its acts and activities are approved by the company. It receives its remunerations from the company and not from the insured parties.
License details
- Authority
- Ras Al Khaimah Economic Zone
- Emirate
- Ras Al Khaimah
- Zone type
- Freezone
- License type
- Services
- Activity group
- Insurance
- Industry
- Financials
- Min. share capital
- AED 1,000,000
Insurance Agent Setup Calculator
Registration Timeline
Name Reservation
~30 minutesApproved or rejected by R&L.
Service Request
5 minsShareholders OCR filling.
Document Upload
2 minsSign & upload system-generated list.
Document Checklist
Passport (6mo validity), entry stamp/visa, sponsor NOC (if employed), UBO declaration.
Combining multiple activities? and get an instant rule check.
Fortune Hives is a facilitator and project management consultancy — not a government authority, legal advisor, or guarantor of approval. All information is provided for guidance only and subject to official verification.