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AUTHORIZED SURVEYING OFFICER

Requirements relating to Registration and Renewal of Registration of an Authorized Surveying Officer under the Insurance Ordinance, 2000
Any person entitled to apply to be registered as an authorized surveying officer is required to furnish the following information/documents to the SECP:-

An application under sub rule (1) and sub rule (2) of Rule 21 of the Insurance Rules, 2002 for registration and renewal of registration of an authorized surveying officer for any class of insurance surveyors.
The minimum educational qualification for an authorized surveying officer shall be Bachelor’s Degree in any discipline from a recognized university.
The minimum of three years practical experience of insurance survey in the class or classes of insurance surveyors for which registration is sought, either conducted under the supervision of an insurance surveyor licensed at that time under the Ordinance or registered under the repealed Act, or conducted as an employee of an insurance company.
Fee for registration/renewal of registration of an authorized surveying officer to the extent of Rs.1,000/- for each class of insurance surveyors.
 
Every application made under sub rule (1) or (2) of Rule 21 of the Insurance Rules, 2002 shall be accompanied by a declaration by the applicant stating that:-
 

(a) The information presented in accordance with sub-rule (1) or (2), as the case may be, is complete and correct;

(b) The applicant has complied with e requirements of the Ordinance and these rules concerning the required qualifications of an authorized surveying officer; 

(c) The applicant is not appointed as an insurance agent of an insurance company carrying on business in Pakistan;

(d) The applicant is not an employee of an insurance company carrying on business in Pakistan;

(e) The applicant undertakes to comply and in the case of an existing authorized surveying officer declares that he has during the previous twelve months complied with the provisions of the Ordinance and rules concerning the conduct of an authorized surveying officer; and

(f) The applicant is not disqualified from acting as an authorized surveying officer by virtue of:- 

(i)  being a minor;
(ii)  having been found of unsound mind by a Court of competent jurisdiction; 
(iii)  having been found guilty, within five years preceding the date, of the declaration, of criminal misappropriation or criminal breach of trust, cheating or forgery or an abetment of or attempt to commit any such offence by a Court of competent jurisdiction;
(iv)  having served any custodial sentence imposed by a Court of competent jurisdiction, ending within five years preceding the present date; 
(v)  having been found guilty by a Court of competent jurisdiction of any offence involving insurance; or 
(vi)  having been otherwise declared as disqualified by the Insurance Tribunal, other than for a term which had expired prior to the date of the declaration.
 
An application and declaration shall be made in writing and declaration shall be signed by the applicant in the presence of a witness who shall be a natural person, not related party of the applicant, and who shall also sign the declaration as witness.
 
The declaration should be on stamp paper, which should be attested by the Notary Public.