Labuan insurance manager licence, filed under our own licence.
Outsourced management of insurance and captive operations under Labuan FSA. RM300K capital, management competency and substance designed before filing.
Make an enquiryInsurance manager licence, competency carries the file.
As applicants approach Labuan FSA insurance manager licensing, the RM300,000 capital floor sits behind a parallel review of management competency, staffing adequacy, home-regulator track record, and Labuan International Insurance Association membership.
QX Trust files insurance manager applications under our own Labuan FSA licence as the recognised party, evidencing competency, drafting service-mandate templates and arranging LIIA membership before the file is opened.
Your manager file, filed directly by the licensed firm.
QX Trust Co. Ltd is a Labuan Managed Trust Company headquartered in Labuan IBFC. We file applications as the recognised party, not through an intermediary. We serve you in English, Chinese and Malay.
Make an enquiry2019
Labuan FSA licensed
LMT0081
Our Labuan licence
EN + ZH + MS
Language desks
Labuan IBFC
Headquartered
What sits in the Labuan insurance manager file.
Six deliverables prepared and assembled under one channel before submission to Labuan FSA.
Business plan and service scope
A business plan covering target client insurers, captives and management services, target markets and financial projections.
Capital evidence
RM300,000 paid-up capital evidenced through a Labuan-bank account, unimpaired by losses.
Management competency evidence
Director and principal officer CVs, insurance qualifications, prior client engagements and three-year track record documented.
Service mandate templates
Outsourcing agreement templates, service-level commitments, claims-handling procedures and reporting cadence drafted.
Operational substance
Labuan office arrangement, technology infrastructure, staffing plan and supervisory framework prepared.
LIIA membership and governance
LIIA membership application prepared in parallel, AML manual, conflicts-of-interest policy and corporate-governance framework documented.
Four steps from scope to grant.
One channel, one owner, one timeline across the four phases of a Labuan insurance manager licence application.
Pre-licensing audit
Business model, service scope, competency evidence and substance footprint benchmarked against Labuan FSA insurance manager criteria.
File scope and drafting
Business plan, service-mandate templates, constitutional documents and fit-and-proper questionnaires drafted and assembled.
Submission and dialogue
File submitted under our Labuan FSA licence. We absorb regulator queries, coordinate director-approval steps and manage LIIA membership.
Licence grant and handover
Approval issued by Labuan FSA. We hand over operating documentation, the annual reporting calendar and a substance-compliance schedule.
Competency, capital and substance, one file.
Labuan insurance manager licences pass or fail on three parallel tests. We coordinate all three under a single Labuan-FSA licensed channel, before the file enters review.
- Management competency evidenced through director CVs, qualifications and track record.
- Capital floor of RM300,000 benchmarked and evidenced via Labuan-bank account.
- Substance plan with Labuan office, staffing and supervisory framework documented.
- LIIA membership and director prior-approval steps prepared for Labuan FSA.
Frequently asked.
Direct answers on manager scope, capital, services and competency.
What is a Labuan insurance manager licence?
A Labuan insurance manager licence authorises a firm to provide outsourced management services to Labuan insurers and captives. The manager runs operational and administrative functions on behalf of the licensed insurance entity.
What capital does a Labuan insurance manager need?
Minimum paid-up capital or working funds of RM300,000 or its equivalent in any foreign currency, maintained with a bank in Labuan and unimpaired by losses.
What services does a Labuan insurance manager provide?
Day-to-day operational management, underwriting administration, claims handling, regulatory reporting, accounting, AML compliance and ongoing governance support for insurers and captives that do not run an in-house Labuan management office.
How does an insurance manager differ from an underwriting manager?
An insurance manager handles overall operational management. An underwriting manager focuses specifically on underwriting decisions, programme design and technical insurance functions. Some firms hold both licences to provide a combined service.
What experience does a Labuan insurance manager need?
Management competency in insurance, adequately qualified staffing, a clean home-regulator record, and audited accounts for the three years preceding the application. Director and principal officer appointments require Labuan FSA prior-approval.
Is LIIA membership required for an insurance manager?
Yes. Labuan insurance managers must hold Labuan International Insurance Association membership. LIIA coordinates the insurance-related sector with Labuan FSA and sets ongoing reporting expectations.
Scoping a Labuan insurance manager licence?
Tell us about your management scope. We evidence the competency, draft the mandates, and route the file under our Labuan FSA licence.
Make an enquiry