IISA - The Insurance Institute of South Africa

Q1: Is the MBS Higher Certificate in Short Term Insurance accredited by the FSB, for FAIS purposes?

According to MBS, the programme modules have been authored specifically with the qualifying criteria in mind and provided that the FSB’s processes and requirements remain as they currently are, there is no reason why MBS will not get the qualification on the list by end July 2011. MBS will be applying for “S” status, as all qualifying criteria is covered.  The programme covers all the qualifying criteria of the first level regulatory examination (even though no exemption is possible here), as well as those for the second level exams for Personal and Commercial insurance.