- Office 215, Block B, The Junction Business Hub, Calebasses, Mauritius
- +230 245 9773
Insurance Broker
Setting Up An Insurance Broker In Mauritius
An Insurance Broker is defined as a person who arranges insurance business with insurers on behalf of prospective policyholders, or as a representative of a policyholder, and includes a reinsurance broker carrying on reinsurance brokering for an insurer.
Typical Duties Of An Insurance Broker
- Familiarising with the client’s business and underwriting information so that this can be explained to an insurer.
- Providing detailed knowledge of all the suitable insurance products available in the market.
- Advise on appropriate insurance cover and terms.
- Submitting quotations received from insurer(s) for consideration of a client.
- Providing requisite underwriting and customer due diligence information as required by an insurer.
- Acting promptly on instructions from a client and providing him written acknowledgements and progress reports.
- Assisting clients in paying premiums.
- Providing services related to insurance consultancy and risk management.
- Assisting in the negotiation of the claims.
- Attractive tax regime with a flat 15% for income derived from insurance brokering activities and a maximum 3% for income derived from reinsurance brokering activities.
- No withholding tax on repatriation of profits from Mauritius.
- No capital gains tax on exiting the structure.
- Confidentiality
- 100% foreign ownership is allowed.
The Company
Useful Links
Reach Us
- Office 215, Block B, The Junction Business Hub, Calebasses, Mauritius
- (230) 245-9773