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Bac Insurance Brokers Pty Ltd

CurrentAustralian Financial Services LicenceAFSL 240348

This is the public ASIC register record for Bac Insurance Brokers Pty Ltd's Australian Financial Services Licence. Review the status, authorisations and conditions below, and confirm anything time-critical on ASIC Connect.

Licence overview

AFSL
240348
Status
Current
Issued
2004-02-28
ABN
92 003 043 294
Location
SYDNEY, NSW
Monitor this licence for status changesFree →

Authorised financial services

Licence conditions15 items

This licence authorises the licensee to carry on a financial services business to:

provide financial product advice for the following classes of financial products:

general insurance products;

deal in a financial product by:

applying for, acquiring, varying or disposing of a financial product on behalf of another person in respect of the following classes of products:

general insurance products; and

provide a claims handling and settling service limited to:

the person makes a recommendation, or states an opinion, in the following circumstances:

the recommendation, or statement of opinion, is made in response to an inquiry by or on behalf of another person about an existing or a potential claim by the other person under an insurance product; and

the recommendation, or statement of opinion, could reasonably be expected to influence a decision whether to continue with the existing claim or to make the potential claim;

the person assesses whether an insurer has a liability under an insurance product, or provides assistance in relation to such an assessment;

the person makes a decision to accept or reject all or part of a claim under an insurance product;

the person quantifies the extent of the insurer's liability to another person under an insurance product, or provides assistance in relation to the quantification of the extent of such a liability; and

the person offers to settle all or part of a claim under an insurance product;

to retail and wholesale clients.

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Frequently asked questions about AFSL 240348

What is AFSL 240348?

AFSL 240348 is the Australian Financial Services Licence held by Bac Insurance Brokers Pty Ltd, recorded on ASIC's AFSL register.

Is this licence current?

On the latest public ASIC data shown here, AFSL 240348 is current and active. Status can change, so confirm on ASIC Connect for time-critical decisions.

What is this licensee authorised to do?

Under AFSL 240348, the licensee is authorised for Claims Handling and General Insurance. The exact authorisations and conditions are listed above.

How do I verify AFSL 240348?

Look up the company or AFSL 240348 on ASIC Connect, then compare the status and details there with this page.

Is this the official ASIC register?

No. AFSL Search is an independent lookup tool built on public ASIC register data — not affiliated with ASIC. Rely on ASIC Connect for official confirmation.