On September 16, 2019, the Minister of Finance issued Circular 65/2019/TT-BTC stipulating the content of training, exam, granting and recognizing certificates of insurance auxiliary. This Circular takes effect from November 1, 2019.
Accordingly, the Circular stipulates certificates of insurance ancillary including the following types:
– Insurance consultancy certificate;
– Certificate of insurance risk assessment;
– Insurance loss assessment certificate;
– Certificate of assistance in settling insurance indemnities.
In particular, certificate of insurance consultancy, certificate of insurance risk assessment, certificate of assistance in settling insurance indemnities are detailed according to life insurance, non-life insurance, health insurance operations and insurance certificate assessment is detailed by non-life insurance (except marine insurance, aviation insurance), marine insurance, aviation insurance.
Regarding the principles of recognition of certificates of insurance support issued by overseas training establishments, the Circular should fully meet the following provisions:
– Having certificate of insurance auxiliary:
+ A certificate issued by a training institution after the individual passes the exam, organized by a foreign insurance management agency or a unit set up by a state agency to conduct a certification exam; or
+ Certificate issued by international insurance training institutions: Australian and New Zealand Institute of Insurance and Finance (ANZIIF), Royal Insurance Institute of England (CII), Insurance Insurance Training Institute (IIC), Institute British Risk Management (IRM), Australian Risk Management Institute (RMIA), British Royal Inspection Institute (CILA), Royal Australian Inspection Institute (AICLA), Lloyd’s Maritime Academy; or
+ Certificates issued by training organizations of countries that have agreed to recognize certificates of mutual insurance assistance with Vietnam.
– The content of training in insurance support certificates issued by overseas training establishments must correspond to each type of insurance auxiliary certificate proposed to be recognized in Vietnam.
– Make an application for accreditation of insurance auxiliary certificates to the Ministry of Finance (Insurance Administration and Supervision Department).
The Circular applies to Insurance Administration and Supervision Department (Ministry of Finance); Insurance Research and Training Center (under Insurance Administration and Supervision Department); Training institutions that are legally established and operate in Vietnam and have the function of training in insurance; Individuals who take the certificate of insurance auxiliary; Individuals with certificates of insurance support issued by overseas training institutions that require recognition in Vietnam; Organizations and individuals involved in training, organizing examinations, granting and recognizing certificates of insurance auxiliary.