Photo: Eberack, Wikimedia Commons, CC BY-SA 4.0Check an insurer, agent or broker in Namibia
How to check an insurer, agent or broker in Namibia
Short answerChecked 31 October 2026
Check the insurer and the agent or broker on NAMFISA's register of registered institutions and intermediaries before you pay, or call NAMFISA toll-free on 0800 290 500. Since 1 May 2026, carrying on the activities of an insurance agent or broker for payment without registration is an offence punishable by a fine of up to N$5 million or up to 10 years in prison (Financial Institutions and Markets Act, section 54).
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- Find the company named on your policy schedule on NAMFISA's register: tabs per sector show the licence number, the entity name and its status.
- Find the agent or broker on the same register. Brokers registered under the old Acts are deemed registered but must apply again within 12 months of 1 May 2026, or their registration is cancelled (NAMFISA broker guideline).
- Look at the deregistered list, and call 0800 290 500 if anything is unclear (NAMFISA public notice).
Our copy of the register: insurance companies in Namibia.
What the law says
- No one may carry on insurance or reinsurance business in Namibia unless registered (FIMA, section 5(1)).
- No one may, for compensation, commission or anything of value, carry on the activities of an insurance agent or broker without registration (section 54(1)–(2)); agents and brokers may charge only the commission set in NAMFISA's standards (section 54(5)).
- Medical aid fund brokers need their own registration (section 323(2)).
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Frequently asked questions
How do I know if a broker is registered in Namibia?
Search NAMFISA's register of registered institutions and intermediaries, or call NAMFISA toll-free on 0800 290 500.
What happens to an unregistered insurance agent in Namibia?
Acting as an agent or broker for payment without registration is an offence under section 54 of the Financial Institutions and Markets Act: a fine of up to N$5 million, up to 10 years in prison, or both.
Sources
- NAMFISA — Registered institutions and intermediaries (register retrieved 31 October 2026)
- NAMFISA — Deregistered institutions
- NAMFISA — Public notice: financial intermediaries in terms of FIMA (11 June 2026)
- NAMFISA — FIMA applications guideline: insurance brokers (2026)
- Financial Institutions and Markets Act 2 of 2021 — annotated Gazette text, Legal Assistance Centre (in force from 1 May 2026, GN 147/2026, GG 8901, with five exceptions)