Aviation Brokers
In terms of Legislation we are not allowed to deal directly with an Insured or with brokers who are not FAIS compliant. All brokers have to complete an Agency Application with ourselves before we can consider accepting business from them.
Very important documentation that must be submitted with the agency application will be a Certified copy of the broker's FAIS license, VAT Registration Number and Guarantee to collect premiums on behalf of an Insurer.
Once the agency application has been received and approved, then we would require that the broker either submit the completed appropriate Proposal Form OR an Aviation Slip detailing the parameters of cover required.