FMI acts as a Managing General Agent for a number of insurers and do not hold either Short Term or Long Term insurance licences. FMI packages insurance benefits into niche market products, and carries out the administration and marketing of these products on behalf of the insurers without carrying the risk of these products. The financial stability of our underwriters is as important to us, as to yourselves in ensuring continuity of benefits for your clients.
Lombard Insurance Company Limited
With over 19 year’s experience, Lombard is a very strong brand in the local insurance market and is acknowledged as one of the leaders in their field. Lombard Insurance Company Limited has operated as a specialist insurer largely in the guarantee market and in credit insurance, where they are recognized and respected for their expertise and superior products. FMI is an underwriting manager for Lombard Life Limited.
Masthead
Masthead is the largest broker network in South Africa. Masthead has the support of some of the largest financial services companies in South Africa, and distributes their products to independent brokers. Masthead’s mission is to help independent brokers remain in business and provide the support to help them grow their businesses.
As of the 1st of March 2010 FMI became a proud product provider on Masthead’s distribution panel. FMI is the only specialist and niche income protection provider represented by Masthead. Through this partnership, FMI is able to complement our existing distribution facility through professional and compliant financial advisers, who offer independent advice.
For more information on Masthead Visit Masthead online
IFAnet
IFAnet markets and distributes a complete range of assurance and related ancillary products and, through strategic partnerships with Product and Service Providers, aims to satisfy the needs of IFAnet Members.
In July 2010 FMI and IFAnet concluded a distribution agreement which has seen FMI’s specialised Income Protection Products being distributed through IFAnet’s extensive broker network. With both companies searching for growth and diversification, a partnership was inevitable.
