HOW WE CAN HELP?
LIMSL provides a comprehensive range of services, customized and tailored to clients’ specific needs:-
Provide assistance in licence application for the different classes of insurance licences in Labuan such as insurers, reinsurers, takaful, captives and brokers including licence application for Protected Cell Company structures – from the drawing board, design of business plan up to the stage of obtaining the insurance licence
Liaising with the various professional service providers such as trust companies, auditors, bankers, legal advisors, tax agents
Management of Labuan insurance and insurance related licensees including provision of accounting services, administrative services, statutory compliances of Labuan licensed insurance entities, ancillary services e.g. work permit applications for Labuan licensed insurance entities, human resources
Consultancy services on insurance and reinsurance programs, underwriting programs for captives, arrangement of fronting companies, reinsurance protection, etc