Ensuring compliance with an ever-expanding array of regulations imposes a huge burden on insurance businesses today. Our specialist insurance regulatory support team is here to ease that burden.

We understand the pressure insurance firms are under to keep up to speed with everything from the Insurance Distribution Directive (IDD) and the Senior Managers & Certification Regime (SM&CR) to the General Data Protection Regulation (GDPR) and the FCA’s Client Assets Sourcebook (CASS).

We work with firms of all types and sizes, providing a specialist insurance regulatory support service that’s tailored to their precise business model and aspirations.

Among the insurance businesses we work with are:

• • Insurance brokers – both commercial and personal lines, from the Lloyd’s and London markets to traditional high-street broking firms
  • Insurance intermediaries – from motor trade businesses and other non-traditional intermediaries to apps and other products with an insurance link
  • Insurance companies – from providing specialist insurance regulatory support to acting as external auditors on binders and delegated authorities across claims and compliance
  • Other insurance providers – including e-commerce sites, call centres, and price comparison websites – and some of the biggest insurance distributors in the UK.

We love to build long-term insurance regulatory support relationships with our clients, many of whom have worked with us for more than a decade. But we’re equally happy providing ad-hoc support on issues such as FCA authorisation, pricing, distribution chains, add-ons, financial crime or RMAR. We can also help with Section 166 remedial work, or provide locum compliance officer services.

Whether you’re looking for ongoing insurance regulatory support or a one-off service, you can count on our general insurance team to understand the regulatory issues you face and deliver the precise compliance support you need.

You’ll find we’re practical and pragmatic, committed to delivering – not just specialist insurance regulatory compliance support – but significant added value for your business. You’ll also find we’re willing and able to come up with new solutions to even the most complex or demanding regulatory challenges.

To find out more about our insurance regulatory support services, get in touch today. You can reach us by filling in the contact form on the right, by emailing info@thistleinitiatives.co.uk or by calling 0207 436 0630.