‘No Rules’ in Brexit Deal Means a Window for Your Rules

Following Brexit, UK insurance companies can no longer rely on the existing ‘passport’ provisions to sell financial services to European customers.

Prudential II Framework – An Opportunity Among Others

Among opportunities in this key market for the UK, the Bank of England and Prudential Regulatory Authority (PRA) have now more flexibility on Solvency 2 equivalent rules which will help to maintain the integrity and reputation of London’s insurance companies whilst at the same time, giving it the flexibility to adapt more quickly to opportunities and challenges overseas and protect customers more effectively. 

Our Consultants will Trek with You on this Journey

We help you to align insurance solvency regulation with that of other regulations such as new accounting standards, as developed by the International Financial Reporting Standards, for insurance companies, reducing the ‘silo mentality’ that often exists within large compliance departments.

We assisted major banks and regulators measure solvency for Basel and other requirements, steering them in the right direction towards better investment in resources and business excellence.

As a standard with us, no cut and paste or ready-made: we bring bespoke and innovative thinking, right from the first time and design the future, with you.