We assist insurers, brokers, agents, credit providers and financial advisers on the set up, acquisition, sale and consolidation of businesses.
In relation to the set up of businesses, we have assisted in and advised on:
- ASIC registration, business name and trade marks
- the issue of AFSL’s under Chapter 7 of the Corporations Act for insurers, brokers, agents and financial advisers
- the authorisation of general insurers under the Insurance Act
- the registration of life insurers under the Life Insurance Act
- the set up of both local and international captives
- the authorisation of credit providers under the Credit Legislation
- the operation of relevant exceptions to the above requirements relevant to offshore foreign insurers
We have also advised on:
- the sale, acquisition and consolidation of insurers, brokers, agents, credit providers and financial advisers
- the transfer of business process for general insurers under the Insurance Act
- run off business issues under the Insurance Act