Services

Cell Captive Consulting and Management

FSPConsult is a consulting company providing the full spectrum of services necessary for the structure, formation, management and regulatory compliance of captive insurance businesses.

We partner with clients and their advisors to design cell captive structures, recommend optimal structures, and determine capital requirements. Once the ideal structure has been selected, we provide a full set of captive management service to ensure the success of your captive.

FSP/FAIS Licensing Assist Services.

The Financial Services Board (FSB) and Financial Advisory and Intermediary Services Act (FAIS) requires that every Financial Services Provider (FSP) be registered with the FSB before they can legally conduct business.

FSPConsult assists with the application process from start to end and provide guidance on the required licence and product categories to our clients. We assist with the application, submission, follow through progress and provide ongoing feedback until final outcome.

Compliance and Risk Management for Short-Term Insurance

FSPConsult offers a professional consultancy service in the area of regulatory compliance for short term insurance to assist clients manage their business risks and meet regulatory requirements as prescribed by the Financial Advisory and Intermediary Services Act, No 37 of 2002 “FAIS”. 

We assist our clients with appointment of fully qualified external compliance officers registered with the Financial Service Board (FSB) to advice and implement regulatory requirements and ensure attainment of full compliance and updates of the new regulatory requirements at all times.

Rent a Key Individual (KI for Short Term Insurance)

The introduction of the Financial and Intermediary Services Act, 2002 (“FAIS”) brought about the requirement of a Key Individual for every entity licensed in terms of FAIS.

FSPConsult provides clients with solutions to meet the above FAIS requirements by offering outsourced Key Individual functions for short term insurance providers. We provide our clients with professional FSB registered Key Individuals for new FAIS applications, FSP sub-category additions to existing licence to assist with management and/or oversight role of the Financial Services Provider.

Our Services

Cell Captive Consulting and Management
FSP/FAIS Licensing Assist Services
Compliance and Risk Management for Short-Term Insurance
Rent a Key Individual (KI for Short Term Insurance)

Our Contact

159 Waterfall Heights
Cnr Bekker and Jason Close.
Vornavalley, Midrand 1985

010 285 0808

info@fspconsult.co.za

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