
Sooqban lists; it does not advise, arrange, bind or underwrite. Those four words are activities that need an insurance licence, and a platform that drifted into them would be operating without one. You read what has been checked and deal with the firm directly.
The rule that keeps this honest is the fee: flat, and never computed from the value of what you insure. A directory paid a percentage of a premium has an interest in the size of the premium, and that is the moment a listing stops being information.
At a glance
- What is listed
- Insurers and brokers licensed for the class of risk they appear under
- Checked how
- The licence is verified against the regulator’s register, not an uploaded certificate
- The fee rule
- Flat. No fee may ever be computed from a premium or a sum insured
- What Sooqban never does
- Advise on cover, arrange it, bind it, or underwrite any part of it
How it works
- You find the class of coverCargo, trade credit, liability, property. The class decides which licence a firm needs to be listed under it.
- You read the licenceWho issued it, what it permits, and where. Named, with the register it was read from.
- You approach the firmDirectly. Sooqban is not a broker and does not sit between you and the quote you are given.
- The policy is theirs and yoursThe insurer is answerable to its regulator and to you. Sooqban is not a party to the contract.
Who this is for
- An exporter whose buyer wants cover in place before the container is loaded.
- An importer carrying trade-credit risk on terms they did not choose.
- A manufacturer insuring stock and plant in more than one country.
Questions
Can you tell me which cover I need?
No. That is advice, and advising on insurance is a licensed activity. The directory shows firms licensed to answer that question properly.
Do you take a cut of my premium?
Never. No fee on this platform may be computed from the value of an insurance matter, and that is enforced in code rather than promised here.
What if a listed firm’s licence lapses?
A listing depends on a current licence. The check is against the regulator’s register, which is where a lapse shows up.
Register now, and read the directory when it opens.
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