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INTERVIEW: Krste Shajnoski, President of the Council of Experts, Insurance Supervisory Agency of North Macedonia - Interview with PhD Krste Shajnoski, President of the Council of Experts within the Insurance Supervision Agency for the „Svet osiguranja“Journal: Unfair competition – the biggest challenge on the insurance market
- ANNOUNCEMENT by the Insurance Supervision Agency: Revoking the work permit of Eurostandard Bank shall not affect the stability of the insurance market
- A N N O U N C E M E N T in respect of the unauthorized performance of insurance operations on the territory of the Republic of North Macedonia
- ISA SIGNED A MEMORANDUM OF COOPERATION WITH THE CONSUMERS ORGANIZATION OF MACEDONIA
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Mission of
the Agency
The Insurance Supervision Agency was set up as an independent regulatory authority that shall promote fair and efficient functioning of the insurance market with the objective of protection of the rights of the insurance policyholders and beneficiaries.
This objective shall be achieved by creating a modern and efficient insurance sector, that will offer quality insurance services and that shall promote further development of the financial sector in the country.
Responsibility
The ISA shall react promptly and on a comprehensive manner, committed towards achievement of the mission and the strategic goals as an insurance supervision authority.
Competence
The ISA shall strive to perform its authorisations in a manner that shall ensure efficient realization of its strategic goals in accordance to the highest standards of the profession and at rational costs.
Accountability
In performance of its activities the ISA shall implement the highest ethical standards in the communication and the cooperation with all the stakeholders in the insurance supervision process.
Transparency
The ISA shall regularly disclose all the relevant information about the insurance market and the insurance services offered in the Republic of North Macedonia.
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Why to insure?
The purpose of insurance is not an opportunity for the individual to earn, but the protection of his life, or his property from the consequences of the occurrence of the harmful event!
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