FAIS Amendments: Contracting

In line with the FAIS AMENDMENT ACT Section 13(1)(c), IDA Risk Management has been involved in discussions with several Insurers and Underwriters to ensure that our dealers can continue doing business as usual.

Below is a list of Insurers and Underwriters that IDA Risk Management has successfully contracted with:

ABSA Insurance Company
Auto F&I
BMW Financial Services
Constantia (Insure Africa Administrators, Primary Asset Administrative services (Salesure))
Eqstra
GuardRisk
Hollard
Impac (Zurich)
Innovation
Motorite (Infinity)
Oakhurst (Badger F&I support services)
PinnAfrica
Regent
Traficc
Warranty Solutions (Auto & General)

IDA Risk Management is in the final stages of contracting Genric and Mutual & Federal. 

We will keep you updated as and when we sign off any other intermediary contracts with product providers.

Kindly note: if you are still dealing/selling any other products from product providers not listed, they have only until 30 June 2015 to comply.

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