Insurance Agents

Only Registered Insurance Agents & Brokers May Operate

The Namibia Financial Institutions Supervisory Authority (NAMFISA), established under Act No. 3 of 2001, is responsible for regulating and supervising financial institutions and services in Namibia. Under the Long- and Short-Term Insurance Acts, no one may operate as an insurance agent, broker, or reinsurance broker (excluding salaried insurer employees) unless officially registered with NAMFISA.
Key Legal Requirements:
  • Only registered insurance agents or brokers may legally operate in Namibia.
  • It is a criminal offence to transact with an unregistered agent or broker.
  • Convictions can result in fines of up to N$150,000, up to 10 years' imprisonment, or both.

Report Unregistered Agents or Brokers to Tel: (061) 290 5000 / 5133 (Ms Marina Ishidhimba) / 5207 (Ms Hilka Alberto) Email: complaints@namfisa.com.na
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