85(1)An insurer shall not issue a policy of insurance through an underwriter’s agency unless such insurer is licensed to carry on business in the Province and has obtained from the Superintendent a permit to issue contracts of insurance through such agency.

85(2)The insurer shall ensure that every policy of insurance issued through an underwriter’s agency is in a form approved by the Superintendent, bears upon its face the name and address of the insurer in a prominent and conspicuous manner and does not bear upon its face the name of the underwriter’s agency.

85(3)On no other part of the policy shall the name of the underwriter’s agency appear, except that for identification purposes the words “issued through the . . . . . . . . . . . . . . . . . Underwriter’s Agency” may be inscribed on the filing back of the policy, following the name of the insurer in such manner as is approved by the Superintendent.

85(4)Upon an application for a permit under this section the insurer shall furnish to the Superintendent evidence of its approval and adoption of the form of policy to be issued through the underwriter’s agency and of the authority of the agency to bind the insurer.

85(5)The permit shall be in such form as is prescribed by the Superintendent, and shall expire on the thirty-first day of May next following its date of issue, but shall be renewable from year to year.

85(6)Every insurer issuing a policy of insurance through an underwriter’s agency shall file an annual return of the business transacted through such agency in a form prescribed by the Superintendent.

85(1)An insurer shall not issue a policy of insurance through an underwriter’s agency unless such insurer is licensed to carry on business in the Province and has obtained from the Superintendent a permit to issue contracts of insurance through such agency.

85(2)Every policy of insurance issued through an underwriter’s agency shall be in a form approved by the Superintendent, and shall bear upon its face the name and address of the insurer in a prominent and conspicuous manner, and the name of the underwriter’s agency shall not appear on the face of the policy.

85(3)On no other part of the policy shall the name of the underwriter’s agency appear, except that for identification purposes the words “issued through the . . . . . . . . . . . . . . . . . Underwriter’s Agency” may be inscribed on the filing back of the policy, following the name of the insurer in such manner as is approved by the Superintendent.

85(4)Upon an application for a permit under this section the insurer shall furnish to the Superintendent evidence of its approval and adoption of the form of policy to be issued through the underwriter’s agency and of the authority of the agency to bind the insurer.

85(5)The permit shall be in such form as is prescribed by the Superintendent, and shall expire on the thirty-first day of May next following its date of issue, but shall be renewable from year to year.

85(6)Every insurer issuing a policy of insurance through an underwriter’s agency shall file an annual return of the business transacted through such agency in a form prescribed by the Superintendent.