IOM house 6 St Giles Street Randburg, South Africa
Long and Short-Term intermediaries can utilise our Debit Order and Premium Handling services for the collection, deposit and disbursement of premium, commission and other charges to Insurers, Underwriting Managers, Brokers, Administrators and approved third parties.
We also cater for the needs of the Insurers who would prefer the option of de-risking premiums by facilitating premium collections directly into their own bank accounts. Our flexible premium handling system allows Insurers to have visibility on the collection portfolio of their intermediaries and provides valuable data through a range of tailored reports. An insurer also has the option to be included in the payment's authorisation process.