Developing Businesses
We help insurance firms navigate their growth trajectory, whatever path that takes.
Firms on a growth trajectory have times when they require assistance. These may be when it is time to obtain authorisation or move into new jurisdictions, obtain further funding, undertake an acquisition, integration, consolidation or a reorganisation. We also offer specific support services to firms involved in corporate activities, such as acquisitions and integrations.
Our services can be provided as required, or as part of a fixed cost retainer solution covering compliance and/or risk services.
Areas we can help include:
- Support moving from an Appointed Representative to a fully authorised firm.
- Assisting firms looking to transform from an MGA to a full stack insurer.
- Support with the authorisation implications of expanding into new territories, whether that is a UK firm looking to transact business overseas, or a ‘Third Country’ firm seeking authorisation to transact business in the UK. We can help you understand your options and obtain the necessary authorisation.
- Assistance and advice on the development of new products and distribution arrangements including wordings expertise.
- Advice on the need for any variation of permission that may be required.
- Review of overall or specific functional operating models to determine whether updates are required and if so, provide assistance with the implementation.
- Assist with modernisation and automation of IT estates, including application integration and remediation, helping you deliver platforms that can support your growth.
- Helping firms operating in the Lloyd’s market evolve from a turnkey syndicate to an operating Managing Agency with one or more Syndicates.
- The provision of health checks on compliance, risk and other functions necessary to support capital raising – we can work with the capital seeker or capital provider.
- The provision of any necessary compliance training to business, compliance functions, Directors and NEDs that may be necessary as your business grows.
- The provision of temporary resources to fill gaps in your business.
ICSR offers a broad range of services suitable for developing businesses, helping them achieve the successful delivery of transformational change programmes.
Find out more about the range of services we can offer, or get in touch to discuss your specific objectives and requirements.
SERVICES FOR DEVELOPING AND GROWING INSURANCE FIRMS
Latest Articles
Money Laundering Regulations: Why the FCA’s Decision to Refuse Zeux Limited’s Authorisation Matters for All Regulated Firms – Including Insurers
In January 2024, the FCA refused Zeux Limited’s application for registration under the Money Laundering Regulations 2017. Andrew Roberts explores the case and explains what makes it perticularly noteworthy.
ICSR Office Move March 2025
From Monday 17th March, our team will now be located at new offices. You can find us at 67 Lombard Street, London. Our email addresses have also changed.
Joanne Backshall Joins ICSR As Compliance Director
ICSR is delighted to announce the appointment of Joanne Backshall as Compliance Director with effect from 3rd March 2025. Joanne has over 20 years’ experience of working in the (re)insurance market, with roles spanning the International, specialty and London (re)insurance market.
Latest Case Studies
Read our latest case studies below, take a look at all of our testimonials, or see who we have already helped.
Meet The Senior Team
Meet our senior below team or search our full team and talent pool to find specific people, or people with specific skills.
Kenneth Underhill
Managing Director
Joanne Backshall
Compliance Director
Claire King
Risk Director
Benoit Steulet
Operations Director
