General Insurance

The implementation by the FSA of ICOBS in January 2008 – the revised handbook for the conduct of insurance business - provides both threats (if you are involved in protection products) and opportunities for all other product lines given the emphasis on principles based regulation with many detailed rules removed.

Many regulated firms feel that their existing arrangements with independent consultants do not provide a bespoke solution to their compliance requirements and are shoehorned into a one size fits all situation.

Compliancy services offers a range of services to Insurers, Brokers and Secondary Intermediaries:

• A “health check” and action plan. We don’t just tell you what is wrong we give you a clear implementation plan to correct it. This means that you are then empowered to achieve full compliance through your own actions
• Compliance Monitoring Programme implementation. We can create and implement an appropriate Compliance Monitoring Programme, that will enable you to manage and monitor compliance on a regular basis
• Ongoing Compliance Monitoring. We can do as much, or little, as you like if necessary, in conjunction with your internal staff, or we can act as your independent compliance department, becoming an integrated part of your business

Please click here contact us to discuss your compliance requirements.