Cum Laude Insurance Brokers is a multi-award winning short term insurance brokerage (Cat. 1 – FSP # 15208) that was registered as a
‘Closed Corporation‘ in 1992 and ‘Propriety Limited ‘in 1997. Elna Forsyth and Howard BM Forsyth are the founding and current directors and shareholders. Cum Laude management team consists of Rentia Deysel, assisted by Rita Harmse and Heleen Roux. Cum Laude policy hol
ders are at the heart of everything we do, hence we commit to remain ‘in the flesh’ your trusted service provider who also happens to be an expert in the field of short term insurance. You will never need to press an automated button to reach your Cum Laude service provider! COMPANY DISCLOSURE
EFFECTIVELY 2006
1) SECOND AMENDMENT 2015
2) THIRD AMENDMENT 2016
3) FOURTH AMENDMENT JUNE 2016
-CUM LAUDE INSURANCE BROKERS (PTY) LTD (HEREINAFTER REFERRED TO AS CUM LAUDE) WAS REGISTERED
“CLOSE CORPORATION” IN 1992 AND “PROPRIETY LIMITED” IN 1997 (Registration nr. 97/07171/07).
-CUM LAUDE IS AN AUTHORISED FINANCIAL SERVICES PROVIDER # 15208 AND LICENSED TO CARRY ON
BUSINESS IN RESPECT OF CATEGORY 1 OF THE SHORT TERM INSURANCE ACT:
- PERSONAL LINES (SUBSECTION 1.1)
- COMMERCIAL LINES (SUBSECTION 1.6)
-CUM LAUDE IS AN ACCREDITED & CONTRACTUAL INTERMEDIARY OF SANTAM, MUTUAL & FEDERAL,
AUTO & GENERAL, MUA, 1COM, MOMENTUM, DISCOVERY, ADMIRAL, TIC AND PRAESIDIO AND MAY MARKET
THEIR PRODUCTS.
-NO PRODUCT PROVIDER HOLDS ANY SHARES IN THIS FSP.
-CUM LAUDE IS A V.A.T. VENDOR # 4700164546.
-CUM LAUDE COMPLIES WITH F**A, BEE AND CIPC REQUIREMENTS.
-CUM LAUDE COMPLIES WITH THE POPI REGULATIONS TO ENSURE ADEQUATE PROTECTION OF PERSONAL INFORMATION, AVOID UNAUTHORISED ACCESS AND THE USE OF CLIENTS’ PERSONAL INFORMATION. CUM LAUDE WILL USE A CLIENT’S PERSONAL INFORMATION FOR THE PURPOSES FOR WHICH IT WAS COLLECTED AND AGREED UPON. CLIENTS HAVE THE RIGHT TO ACCESS AND CORRECTION OF THEIR PERSONAL INFORMATION HELD BY THIS FSP, BUT AFORE SUCH DISCLOSURE/AMENDMENTS, REASONABLE STEPS WILL BE TAKEN TO CONFIRM THE CLIENT’S IDENTITY.
-*CUM LAUDE COMPLIES WITH TCF REGULATIONS.
-CUM LAUDE IS A MEMBER OF THE FINANCIAL INTERMEDIARIES ASSOCIATION OF SOUTH AFRICA (FIA),
MEMBERSHIP # IBC417.
-CUM LAUDE HOLDS ADEQUATE PROFESSIONAL INDEMNITY COVER UNDERWRITTEN BY MANWOOD
UNDERWRITING MANAGERS (PTY) LTD THROUGH CENTRIQ INSURANCE COMPANY WITH BROKERAGE SERVICES
BY MARSH (PTY) LTD POLICY #763660.
-PIETER MOLLER (INFINITUM COMPLIANCE, FSB PRACTICE NUMBERS 6406/6420/6459) IS CUM LAUDE’S
REGISTERED COMPLIANCE OFFICER. CONTACT DETAILS [email protected],
CELL 082 368 6915.
-ELNA FORSYTH AND RENTIA DEYSEL ARE REGISTERED, MANDATED KEY INDIVIDUALS &
REPRESENTATIVES WITH ADEQUATE CREDENTIALS AND EXPERIENCE CURRENTLY REQUIRED BY THE FSB TO ENSURE APPROPRIATE RENDERING OF ADVICE AND INTERMEDIARY SERVICES IN THE FINANCIAL SERVICES INDUSTRY.RITA HARMSE SKILLFULLY ASSISTS ELNA & RENTIA IN A NON-ADVISORY ADMINISTRATIVE CAPACITY.
-ADMINISTRATOR AND REPRESENTATIVE ACTIVITIES & PERFORMANCES ARE MANAGED AND SUPERVISED BY
APPROPRIATE KEY INDIVIDUALS WHEN NECESSITATED.
-CUM LAUDE WARRANTS THAT ANY ADVISOR THAT RENDERS FINANCIAL SERVICES TO A CLIENT COMPLIES
WITH THE FIT & PROPER REQUIREMENTS IN TERMS OF THE FINANCIAL ADVISORY AND INTERMEDIARY
SERVICES ACT. WITHOUT IN ANY WAY LIMITING AND SUBJECT TO THE PROVISIONS OF THE SERVICES AGREEMENT, CUM
LAUDE ACCEPTS RESPONSIBILITY FOR THE LAWFUL ACTIONS OF THE ADVISOR IN RENDERING FINANCIAL SERVICES WITHIN THE COURSE AND SCOPE OF THEIR EMPLOYMENT.
-*CUM LAUDE WILL ANALYSE CLIENTS’ REQUIREMENTS AND NEEDS DURING THE PROVISION OF ADVICE. SUCH
ADVICE WILL BE BASED ON THE INFORMATION PROVIDED BY THE CLIENT AND CUM LAUDE WILL NOT BE HELD
LIABLE FOR ANY FINANCIAL ADVICE THAT WAS PROVIDED IN RESPECT OF INCORRECT, INACCURATE OR
INCOMPLETE INFORMATION PROVIDED BY THE CLIENT.
-IN ORDER TO PREVENT POTENTIAL CONFLICT OF INTEREST WHEN RENDERING ADVICE TO CLIENTS, CUM LAUDE PLACES THE INTERESTS OF OUR CLIENTS FIRST.
-SHOULD OWNERSHIP INTEREST EXIST OR FINANCIAL INTERESTS BE RECEIVED, IT WILL BE DISCLOSED IN THE
REGISTER OF CONFLICT OF INTEREST, A COPY OF WHICH IS AVAILABLE ON REQUEST.
-CUM LAUDE RECEIVES MORE THAN 30% OF TOTAL COMMISSION AND INCOME FROM SANTAM LTD.
-CUM LAUDE RECEIVES COMMISSION ON ALL CURRENT PORTFOLIOS WHICH IS PAYABLE MONTHLY/ANNUALLY
BY THE UNDERWRITERS.
-CUM LAUDE LEVIES A MONTHLY/ANNUAL BROKER ADVICE FEE.
-PREMIUM STRUCTURES, BROKER FEES AND COMMISSIONS ARE NOTED ON CLIENTS’ PORTFOLIOS.
