Sensible Risk Solutions
Rebate Administrator
Sensible Risk Solution provides a Short-Term Administration Service specifically for Life and other Intermediaries whose core focus in not Short Term/Non- Life Insurance. In terms of this service, Sensible Risk Solutions provide Advice and Intermediary Services to your clients in full recognition that these clients already have a business relationship with those Intermediaries using this service.
SRS understands that perceived poor service can lead to an Intermediary losing a client’s entire portfolio of business, thus our adherence to all Fais and Compliance Legislation coupled to specific Service Level Standards. This said, while remaining within the provisions of the Insurance Act and the Fais Act, SRS will always do its best to provide all policy holders with the best possible service available.
In order to ensure good governance and compliance from a Regulatory and Compliance perspective, Sensible Risk Solution will reduce all Underwriting and Claims instructions to writing when dealing with policy holders and we will always keep the introducing intermediary fully informed of all interactions between Sensible Risk Solutions and policy holders, as Introducing Intermediaries cannot act on behalf of, or represent themselves as a representative of, the Policy Holder or Sensible Risk Solutions when it comes to the fulfilment of Sensible Risk Solutions advisory and intermediary services. And while Sensible Risk Solutions recognises the relationship between Policy Holder and Introducer, Sensible Risk Solutions is the party taking responsibility for providing the Intermediary and Advice Services to these policy holders.
For more information on this service please e-mail: