With the ever changing regulations and legislation surrounding the short term insurance market, IF Administrators (Pty) Ltd has been formed to bridge the gap for the small SME broker in providing underwriting, claims and administration services to this ever expanding short term insurance industry.
Through IF Admin, intermediaries/brokers can access the most up to date technologies and access to the various insurance companies and their products.
IF Admin offer these services to both insurance companies and intermediaries alike, to assist with the efficient issue of underwriting documentation, claims administration and accounting services. IF Administrators have contracts and agency/binder agreements with selected secure insurance companies operating in the South African short term market.
With the services offered to brokers/intermediaries, IF Admin will ensure that clients and brokers will be protected in terms of the ever changing FSB regulations. For a negotiated fee and/or commission structure IF Admin’s services will be available in Cape Town, Johannesburg and Pretoria in the coming months.