Compliance

Therefore persons/corporations coming to transact business with TIBL must present:

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Compliance

In keeping with the Proceeds of Crime Act 2013 and The Anti-Money Laundering and Terrorist Financing Regulations 2014, The Insurance Brokers Ltd (TIBL) must ensure each client is compliant. Therefore, Individuals/Corporations conducting business with TIBL must present the following documentation:

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Individuals:

2 forms of valid photo Identification (National I.D./ Drivers Permit/ Passport / Farmers’ I.D).
Proof of Address – Utility Bill (Water, Electricity, Flow-landline or Cell) no older than three months.
Letter of Authorization for use of Utility Bill (where the utility bill is in someone else’s name).
Know Your Customer (KYC) Form
Source of Funds (where the premium is over a particular limit).

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Corporation:

Listing of Directors, Beneficiary Owners, Substantial Shareholders, where applicable Trustees.
2 Forms of valid photo Identification of Directors, Beneficiary Owners & Resume where applicable.
Proof of Address of the company – no older than three months.
Company’s Annual Returns.
Certificate of Incorporation, Continuance and/or Certificate of Registration.
Know your Customer (KYC) Form.
Source of Funds (where the premium is over a particular limit)