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-1.1Av Long-Term Insurance Business (Protected Cell Company)
INS-1.2Av General Insurance Business (Protected Cell Company)
INS-1.3Av External Insurance Business (Protected Cell Company)
INS-1.4Av Professional Reinsurer (Protected Cell Company)