Lloyd’s Businesses
We support the whole range of regulated businesses operating under the Lloyd’s umbrella.
We support the whole range of regulated businesses operating under the Lloyd’s umbrella, whether you are at the outset of seeking permission to trade within the Lloyd’s marketplace, or a mature business seeking to evolve the permissions you have and the services you offer. With the increasing range of options available to start and grow businesses within the Lloyd’s marketplace, our detailed understanding of the regulatory and compliance implications can help you make the right decisions to achieve your objectives. Our team comprises individuals who have worked within the marketplace and for the Corporation, with experience of helping to drive some of the largest change programmes underway.
Areas we can help include:
- Advice and support preparing and submitting applications to be a Lloyd’s Broker
- Advice and support preparing and submitting applications to be a Lloyd’s coverholder
- Advice and assistance for those setting up a Syndicate-In-A-Box (SIAB) or Syndicate, including reviewing your options and advice on turnkey providers as well as assistance putting turnkey arrangements in place
- Development of regulatory business plans and associated underwriting and claims governance processes
- Development of Governance, Compliance and Risk Frameworks
- Assistance with transforming from turnkey syndicate to Managing Agency
- Novation of syndicates from one managing agency to another
- Support with financing, through the provision of health checks on compliance risk and other aspects of the business to help you secure the financing required.
ICSR offers a broad range of services suitable for businesses operating within the regulated Lloyd’s environment.
Find out more about the range of services we can offer, or get in touch to discuss your specific objectives and requirements.
SERVICES FOR LLOYD’S INSURANCE BUSINESSES
Latest Articles
The FCA Growth Objective – A New Approach To Ensure Regulators And Regulations Support Growth
The FCA has now responded to the 24th December letter from the government asking for its proposals to help unlock growth and investment. In its response last week, the FCA has set out proposals across a number of broad areas. Kenneth Underhill looks at the proposals.
Operational Incidents, Outsourcing and Third Party Reporting: The Next Phase In Regulatory Oversight And Control Of Operational Resilience In Financial Services Firms
The Prudential Regulation Authority (PRA) has published a new Consultation Paper, CP17/24 – Operational Resilience: Operational Incident and Outsourcing and Third-Party Reporting. Benoit Steulet looks at the proposed requirements.
Callum Hadley Joins ICSR As Risk Manager
We’re delighted to announce that Callum Hadley has joined ICSR as a Risk Manager, reporting to Risk & Compliance Director Claire King.
Latest Case Studies
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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
Claire King
Risk & Compliance Director
Benoit Steulet
Operations Director
