Insurance
Insurance
The FSC licenses, under the Insurance Act (IA), insurance/ reinsurance companies as well as insurance service providers (Insurance Broker, Insurance Agent (company /individual), Insurance Manager, Insurance Salesperson and Claims Professional) to conduct insurance business activities.
Click here for the classification of insurance business as listed under the First Schedule (Part I and Part II) of the IA.
An application kit is available for each category of activity as listed below; applicants must submit a complete set of documents to enable the FSC to process their application.
INS-1.1 Long-Term Insurance Business
- The application form duly filled in and signed
- The applicable processing fees and relevant fees
INS-1.2 General Insurance Business
- The application form duly filled in and signed
- The applicable processing fees and relevant fees
INS-1.3 External Insurance Business
- The application form duly filled in and signed
- The certified supporting documents
- The applicable processing fees and relevant fees
INS-1.4 Professional Reinsurer
- The application form duly filled in and signed
- The certified supporting documents
- The applicable processing fees and relevant fees
INS-1.1Av Long-Term Insurance Business (Protected Cell Company)
- The application form duly filled in and signed
- The applicable processing fees and relevant fees
INS-1.2Av General Insurance Business (Protected Cell Company)
- The application form duly filled in and signed
- The applicable processing fees and relevant fees
INS-1.3Av External Insurance Business (Protected Cell Company)
- The application form duly filled in and signed
- The certified supporting documents
- The applicable processing fees and relevant fees
INS-1.4Av Professional Reinsurer (Protected Cell Company)
- The application form duly filled in and signed
- The certified supporting documents
- The applicable processing fees and relevant fees
NS- 2.1 Insurance Manager
- The application form duly filled in and signed
- The certified supporting documents
- The applicable processing fees and relevant fees
INS- 2. 2A Insurance Agent (Company)
- The application form duly filled in and signed
- The certified supporting documents
- The applicable processing fees and relevant fees
INS- 2.2B Insurance Agent (Individual)
- The application form duly filled in and signed
- The certified supporting documents
- The applicable processing fees and relevant fees
INS- 2.3 Insurance Broker
- The application form duly filled in and signed
- The certified supporting documents
- The applicable processing fees and relevant fees
INS- 2.4 Insurance Salesperson (Registration)
- The application form duly filled in and signed
- The certified supporting documents
- The applicable processing fees and relevant fees
CI- 1.1 Pure Captive Insurers
- The application form duly filled in and signed
- The certified supporting documents
- The applicable processing fees and relevant fees
CI- 2.1 Captive Insurance Agent
- The application form duly filled in and signed
- The certified supporting documents
- The applicable processing fees and relevant fees