Implement Compliance Solutions & Resources Limited (ICSR)
Implement Compliance Solutions & Resources Limited (ICSR) provides day to day advice, support and resource on risk, compliance and regulatory matters for MGAA members. When transformation is required due to the development of new products or distribution models, new laws and regulations or as a result of regulatory intervention including remediation, we can help.
MGAs have always been at the heart of our business – we have helped everyone from pre-launch MGA businesses to long-established MGAs.
Our services cover advisory, implementation and resourcing support for MGAs looking at issues such as:
- Start ups
- Regulatory engagements and interventions
- Regulatory applications
With the constant evolution of the regulatory regime, finding the right skills and resource can be difficult. Our team of directors, staff and our talent pool offer MGAs a truly flexible approach to their risk, compliance and regulatory resourcing requirements.
We are a group of highly experienced individuals passionate about helping MGAs ensure that they meet regulatory requirements and achieve their goals within an environment of business, legal and regulatory change, be it FCA, PRA or otherwise.
ICSR Director Kenneth Underhill has been involved with the MGA market place for many years in different capacities. His ‘CV’ includes responsibility for drafting the Binder wordings currently in use by most of the MGA market.
Please take a look at our website for more information about our business and the directors – Kenneth Underhill or John Moffatt.
Tel: 0203 837 7080
In effect, today’s (19/12/18) announcement from the CMA has confirmed that they agree with the issues alleged by Citizens Advice. They have set out a package of reforms which the CMA believe will achieve real changes and help existing customers get a fair deal. In their initial response, the FCA have come out strongly in support of the proposals and we can expect more action on the subject in 2019.
If you would like to have a confidential discussion about the issues and how your firm responds, please get in touch with either myself or Jason Jones in complete confidence. Read the full article here .
CMA Response To Citizens Advice Super-Complaint on Insurance Pricing