SMIB/4/2026 LICENSING AND SUPERVISION OF MICROINSURANCE AGENTS March 25, 2026

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The document outlines the "Licensing and Supervision of Microinsurance Agents Directive No. SMIB/4/2026" issued by the National Bank of Ethiopia, which aims to regulate and supervise microinsurance agents in the country. The directive sets out the requirements for licensing, training, and conduct of microinsurance agents, as well as the responsibilities of microinsurance providers and the National Bank in overseeing the industry. The goal is to promote the development of the microinsurance sector in Ethiopia while protecting the interests of policyholders.