Structures / 08
Insurance Brokerage
FSC-regulated insurance brokerage licensing under the Insurance Act 2007.
A Mauritius Insurance Brokerage Licence authorises the holder to act as intermediary in insurance transactions, arrange and negotiate insurance contracts, and provide advice on insurance products. Licensed under the Insurance Act 2007 with FSC oversight.
At a glance
- Statute
- Insurance Act 2007
- Categories
- Insurance Broker (INS-2.3)
- Capital
- As prescribed by FSC for insurance intermediaries
- Team
- Compliance Officer + MLRO
- Tax
- 15% headline rate; effective rates can be as low as 3% on qualifying income, subject to applicable conditions
- Setup
- 8–12 weeks
Used for
- 01
Insurance brokerage and intermediation
- 02
Arranging and negotiating insurance contracts
- 03
Insurance advisory and product placement
- 04
Reinsurance brokerage
Ongoing obligations
- 01
Compliance Officer and MLRO appointed
- 02
AML/CFT framework and procedures
- 03
Professional Indemnity Insurance
- 04
Annual FSC reporting and ongoing compliance
- 05
Fit-and-proper declarations for key persons
Designed For
Insurance brokers
Firms seeking a regulated base for insurance brokerage in Africa and Asia.
Reinsurance intermediaries
Brokers arranging reinsurance contracts across jurisdictions.
Risk consultants
Advisory firms placing insurance products for corporate clients.
Fintech insurers
Digital platforms needing a regulated home for insurance distribution.
How AcuFin supports it
Common questions
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