FIMA Registration Pack: re-register before your deemed registration lapses
FIMA re-registration for insurance brokers, fund administrators and securities advisors in Namibia: company records, fit and proper files, principal officer, policies, lodged with NAMFISA. From N$4,500.
Frequently asked questions
Who has to re-register under FIMA?
Insurance agents and brokers registered under the old insurance laws are deemed registered under FIMA but must apply within 12 months after the insurance chapter commenced (section 60). Fund and society administrators have the same 12-month rule (section 369). NAMFISA’s notices apply a twelve-month window to other intermediaries too. Insurance agents are registered in bulk by their insurer; this pack is for brokers, advisors, administrators and firms that apply in their own name.
What happens if I miss the deadline?
For brokers and administrators the deemed registration is cancelled (sections 60(3) and 369(3)), and carrying on the business after that is an offence with a fine of up to N$5 million, imprisonment of up to 10 years, or both.
What does the firm pack cover that the individual pack does not?
Company records at BIPA (directors, shareholding and beneficial ownership), fit and proper files for every owner who controls the firm (20% or more of the votes, or the power to appoint a director), every director and the principal officer, the principal officer appointment and notice to NAMFISA, and templates for the broker screening policy and premium trust account required of corporate brokers (sections 72 and 73).
Do you guarantee registration?
No. NAMFISA decides every application, including whether each person is fit and proper. We make sure the file is complete, consistent and lodged correctly, and we handle NAMFISA’s queries on the documents.
What is not included?
NAMFISA’s own fees, professional indemnity and fidelity insurance, Good Standing certificates (N$300 each with us), legal opinions and anti-money-laundering programmes. If you were never registered and now need to be, speak to us and a lawyer today: the six-month transitional window in section 388 ran out on 1 November 2026 unless NAMFISA extended it.
Related topics
- FIMA registration Namibia
- NAMFISA broker registration
- insurance broker registration Namibia FIMA
- fund administrator registration NAMFISA
- fit and proper NAMFISA
- FIMA re-registration deadline
Ready to register your business in Namibia?
Chrimson Consultants provides end-to-end fima registration pack: re-register before your deemed registration lapses services in Namibia. Get in touch today.