{"id":1355,"date":"2017-03-29T13:26:13","date_gmt":"2017-03-29T11:26:13","guid":{"rendered":"https:\/\/www.namfisa.com.na\/educates\/?post_type=right_responsibility&#038;p=1355"},"modified":"2025-07-16T11:45:30","modified_gmt":"2025-07-16T09:45:30","slug":"insurance-agents-brokers-and-reinsurance-brokers-to-have-proof-of-registration-at-their-disposal-when-requested-by-members-of-the-public","status":"publish","type":"post","link":"https:\/\/www.namfisa.com.na\/educates\/insurance-agents-brokers-and-reinsurance-brokers-to-have-proof-of-registration-at-their-disposal-when-requested-by-members-of-the-public\/","title":{"rendered":"Insurance Agents"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1355\" class=\"elementor elementor-1355\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5b13d506 e-flex e-con-boxed e-con e-parent\" data-id=\"5b13d506\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f25b3f6 elementor-widget elementor-widget-egovenzsectiontitle\" data-id=\"f25b3f6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"egovenzsectiontitle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"section-title-wrapper border-light text-left\"><div class=\"title-wrap\"><h3 class=\"section-title\">Only Registered Insurance Agents &amp; Brokers May Operate<\/h3><span class=\"title-separator separator-border theme-color-bg\"><\/span><\/div><!-- .title-wrap --><div class=\"section-description\">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.\n\nUnder the Long- and Short-Term Insurance Acts, no one may operate as an insurance agent, broker, or reinsurance broker (excluding noncommission\nearning employees of a registered insurer) unless officially registered with NAMFISA.<\/div><!-- .section-description --><\/div><!-- .section-title-wrapper -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52fb2ae elementor-widget elementor-widget-egovenzsectiontitle\" data-id=\"52fb2ae\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"egovenzsectiontitle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"section-title-wrapper border-light text-left\"><div class=\"title-wrap\"><h5 class=\"section-title\">Key Legal Requirements:<\/h5><\/div><!-- .title-wrap --><div class=\"section-description\"><\/div><!-- .section-description --><\/div><!-- .section-title-wrapper -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2e8b784 elementor-widget elementor-widget-egovenziconlist\" data-id=\"2e8b784\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"egovenziconlist.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"icon-list-wrapper\"><ul class=\"nav flex-column vertical-icon-list\"><li class=\"icon-parent\"><span class=\" icon-theme-color ti-minus\"><\/span>Only registered insurance agents or brokers may legally operate in Namibia.<\/li><li class=\"icon-parent\"><span class=\" icon-theme-color ti-minus\"><\/span>It is a criminal offence to transact with an unregistered agent or broker.<\/li><li class=\"icon-parent\"><span class=\" icon-theme-color ti-minus\"><\/span>Convictions can result in fines of up to N$150,000, up to 10 years&#039; imprisonment, or both.<\/li><\/ul><\/div><!-- .icon-list-wrapper -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-12c735d elementor-widget elementor-widget-egovenzsectiontitle\" data-id=\"12c735d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"egovenzsectiontitle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"section-title-wrapper border-light text-left\"><div class=\"title-wrap\"><h3 class=\"section-title\"><\/h3><span class=\"title-separator separator-border theme-color-bg\"><\/span><\/div><!-- .title-wrap --><div class=\"section-description\">Should an insurance agent, insurance broker\nor reinsurance broker fail to provide their proof of registration, then such agent or broker\nshould be reported to the Registrar of Long-term and Short-term insurance by lodging\na complaint with our Complaints Department at: (061) 290 5000 (main) or 290 5133\n(Ms Marina K Ishidhimba) or 290 5207 (Ms Hilka Alberto), Fax: (061) 290 5122;\nfor online complaints email complaints@namfisa.com.na; visit www.namfisa.com.\nna or visit us on the: 6th Floor, Alexander Forbes House, 154 Independence Avenue,\nWindhoek.\n* NAMFISA treats all information obtained from the public\nwith confidentiality.\nIssued by:\nPhillip N. Shiimi\nREGISTRAR: LONG AND SHORT-TERM INSURANCE<\/div><!-- .section-description --><\/div><!-- .section-title-wrapper -->\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Only Registered Insurance Agents &amp; 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<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"footnotes":""},"categories":[425],"tags":[],"class_list":["post-1355","post","type-post","status-publish","format-standard","hentry","category-rights-and-responsibilities"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.9 - aioseo.com -->\n\t<meta name=\"description\" content=\"Only Registered Insurance Agents &amp; Brokers May OperateThe 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. 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