Covering All Your Insurance Compliance Support Needs
At ICS, we believe our job is to give clients the compliance support which best meets their business needs – whether that’s regular, ongoing assistance – or simply some one-off help and advice.
In addition to our Compliance Support packages and E-Learning Services, ICS also offers an array of other compliance support services. From Product Value and Consumer Duty, to Getting FCA Authorised and support with Acquisition Due Diligence, ICS can support you with a long list of insurance compliance matters.
For more information take a look at our ICS Brochure or get in touch with a member of our insurance compliance team.
Getting FCA Authorised
Using the ICS authorisation service for your FCA application means we’ll take you through the process of authorisation from completion of forms and supporting documentation to setting up required systems and controls.
ICS is able to assist firms ensure they can provide evidence such as specific committee/board reports and management information to determine the value of products, remuneration arrangements, claim frequencies and loss ratios etc.
New rules come into force 31st July 2023. We can support firms by undertaking an audit or gap analysis of existing processes and assist in the preparation of the implementation plan. Any firm requiring assistance with the Consumer Duty should contact us asap.
Pre-Acquisition Due Diligence
Buying another business is a big step and the status of the target firm’s compliance with FCA rules could affect your own regulatory exposure. We can help you to avoid surprises with our pre-acquisition compliance assessment.
Let ICS help you through the process of authorisation from completion of forms and supporting documentation to setting up required systems and controls. We can help to ensure that everything is completed as quickly and efficiently as possible.
With more than 200 courses, the ICS E-learning platform offers access to interactive, engaging content as well as enhanced CPD tracking and reporting, management functionality and the ability to add your own content.
ICS have experienced consultants who deliver group and one to one Conduct Rules training or any other regulatory training requirements you might have as a key part in our continuing professional development program.
Our Corporate Responsibilities Service will help your firm to review its governance arrangements and identify and address any weaknesses in board structure and performance or business systems and controls.
ICS can offer professional HR support to help your business run smoothly. The right HR support partner can help you with developing your business strategy, making sure that you have the right people in the right places at the right time.