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
Labour: An Ideological Change In Regulatory Direction?
With no great surprise, we find ourselves with a labour government holding the reigns to power today for the first time in 14 years. Will that usher in an ideological change in regulatory direction for insurance leaders to contend with? Kenneth Underhill considers the issue.
Non-Financial Misconduct – We All Have A Responsibility To Address It
In the FCA’s Notice to Provide Information letter of 6th February, it launched a sector-wide information gathering exercise to assess the volume of incidents being reported by individual firms related to acts of non-financial misconduct. Kenneth Underhill considers where responsibility to address the issue lies.
ICSR Acquired By Arthur J. Gallagher & Co. Subsidiary Artex
ICSR today announces that it has been acquired by Arthur J. Gallagher & Co. through its subsidiary Artex, the captive and alternative risk transfer solutions business. Kenneth Underhill and the existing team will continue to lead the business from their existing offices, reporting through to Paul Eaton, CEO Artex EMEA.
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
