We help you obtain, vary and maintain the right AFSL authorisations for your general insurance business (including managing the ASIC portal process and responsible manager changes). It’s a practical, GI-specialist licensing service aimed at getting to the right regulatory outcome efficiently and defensibly.
Our specialisation enables us to understand and support your business and tailor your licence application to meet regulatory requirements. Whether you are local or based overseas we assist you to understand Australian requirements.
Paul Muir personally works with you and your team. Paul is recognised as a leading compliance specialist in general insurance in Australia
We are by your side throughout the entire process from preparing the submission, to lodgement, to responding to ASIC requisitions, to licence issuance and if needed, implementation.
You enjoy the benefits of our deep general insurance industry and licensing knowledge. Cost-effective compared to a legal firm, with capacity to access specialist legal expertise for complex issues.
Paul Muir is recognised as a leading general insurance compliance specialist in Australia.
We work with you to understand what you do and how you do it and ensure that your AFS Licence authorisations and conditions are relevant for your business to reduce downstream compliance failure and associated ‘reportable situations’.
Our general insurance expertise means not only do we understand your licence requirements, we understand your business.
We support all firms across the general insurance sector who are required to hold an AFSL, including
We confirm your proposed businessmodel/distribution/claims services and the required AFSL authorisations/variations and RM changes
We compile and tailor your application or variation information for the ASIC licensing portal, reflecting GI-specific operations and competence
We assist you to lodge via the regulatory portal and support you to respond to ASIC requisitions
We assist you to finalise the licence. When engaged, we assist you with any post-licence requirements.
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The timeframe depends on the complexity of your application, the authorisations being requested, the quality of the supporting documentation and ASIC’s review process. We help prepare a clear and comprehensive application to minimise avoidable delays; however, the final processing timeframe is determined by ASIC.
An AFS licence application generally requires detailed information about your business model, financial services and products, proposed authorisations, responsible managers, organisational competence, financial resources, compliance arrangements, systems and internal processes. We guide you through the requirements and help prepare the supporting documentation.
Yes. We assist with AFS licence variations where a business needs to add or amend its authorisations, financial services, products or responsible managers. We can support you throughout the preparation and submission process through the ASIC Regulatory Portal.
We specialise in AFS licensing for the general insurance sector. Our clients include insurers, insurance brokers, underwriting agencies and MGAs, claims managers and DCAs, and claimant intermediaries. This specialist focus gives us a practical understanding of the business models, licensing requirements and regulatory challenges specific to the general insurance industry.
Let us handle the complexity of AFS licensing so you can focus on what you do best!
