One-off Compliance Services

Project Based Compliance Support for Insurance Firms

Covering All Your Insurance Compliance Support Needs

Not every firm requires ongoing compliance support. We provide one-off compliance services for insurance brokers, intermediaries and insurers that need targeted help with a specific regulatory matter, project or business change.

From FCA authorisation and product value assessments through to Consumer Duty, acquisition due diligence, appointed representative arrangements and compliance audits, our consultants provide practical, proportionate support when you need additional expertise or resource. If you are unsure which service is right for your situation, our team can help identify the most appropriate route forward.

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.

Getting FCA Authorised

Product Value

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.

Product Value

Consumer Duty

New rules came 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.

Consumer Duty

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.

Pre-Acquisition Due Diligence

Appointed Representatives

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.

Appointed Representatives

E-Learning

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.

E-Learning

Staff Training

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.

Staff Training

Corporate Responsibilities

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.

Corporate Responsibilities

HR Support

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.

HR Support

One-off Services FAQs

One-off compliance services provide targeted support for a specific regulatory requirement, project or issue, without the need for ongoing consultancy. This can include assistance with FCA authorisation, audits, Consumer Duty implementation, due diligence or internal compliance reviews.

These services are designed for firms that require specialist input at a particular point in time rather than continuous compliance support.

Firms typically engage one-off compliance support when they are:

  • Applying for FCA authorisation
  • Preparing for a regulatory audit or review
  • Implementing Consumer Duty or product governance changes
  • Undergoing acquisition, restructuring or ownership changes
  • Lacking internal resource for a specific compliance project

In these situations, access to experienced consultants can help ensure requirements are met efficiently and correctly.

Yes. We regularly support firms with FCA authorisation on a project basis, including preparation of application documentation, development of policies and procedures, and guidance through the application process.

This allows firms to access specialist expertise without committing to ongoing support.

Many firms choose to engage us initially for a specific project and then decide whether ongoing support is required. One-off services are ideal where the need is limited to a defined piece of work, whereas ongoing compliance support provides continuous oversight and monitoring.

We are happy to advise on the most appropriate approach based on your business model and regulatory requirements.

Yes. One-off compliance services are often used by firms with in-house compliance teams who require additional expertise or resource for a particular project.

This may include independent reviews, specialist regulatory advice or support during periods of change or increased workload.

We support a wide range of compliance projects, including:

  • FCA authorisation applications
  • Compliance audits and health checks
  • File reviews
  • Consumer Duty implementation
  • Product value assessments
  • Appointed Representative arrangements
  • Acquisition and due diligence reviews
  • Regulatory reporting and governance improvements including non-financial misconduct

Our approach is tailored to the specific needs and complexity of each project.

We understand that many compliance requirements are time-sensitive. In most cases, we can begin work quickly once the scope of the project is agreed.

Timescales will depend on the nature and complexity of the work, but we aim to provide a responsive and efficient service.

One-off compliance services are typically priced based on the scope and complexity of the project. This may be on a fixed-fee basis or time-based, depending on the nature of the work.

We will always agree costs in advance so that firms have clarity before work begins.

How Can We Help?

We offer up to two initial consultations without charge, to determine the exact nature of your challenges/concerns. If you would like to try out some of our compliance services before committing we can offer a demo of our Compliance Portal, samples of our Hot TopICS or attendance at one of our Webinars. Thereafter we will agree which of our services are most likely to help you most with your regulatory requirements, agree a package of support (or a one-off project) and send a detailed proposal for your approval. Before, or after, you decide to go ahead, we will introduce you to the Consultant(s) who will agree a diary of contact at times to suit you both.

Please call us on 01892 539600, email us at enquiries(at)insurancecompliance.co.uk, or send us a message using the form for more information or to make an enquiry about any of our compliance services.

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ICS provides a valuable service to us, keeping us updated with regulatory change via regular bulletins and quarterly webinars. Where necessary they have broken down what is required and provided a sounding board for what these changes mean for us personally. We value their assistance with regulatory reporting, as and when we need further support, and having someone on hand who knows our business to provide advice, a second opinion or a view of industry practice where required. We would recommend ICS to other firms. Aaron Greaves Tower Insurance Brokers
My Firm has had the pleasure to have Rob as our Compliance Advisor from ICS for the past 10 plus years and over the years he has proved to be an invaluable asset to my Firm. Rob is meticulous in his approach to managing compliance but at the same time manages to add his own individual flair to the job, making it simple to understand and not overly tedious. My Firm wears the support Rob provides me like a warm blanket and I would recommend him 100%. Nigel Parkinson Clifton Insurance
Elaine is an integral part of our FCA return process, making sure our data is sense-checked before she enters it all on the FCA’s systems and sending us confirmation afterwards that everything’s been done. She provides a top-notch service and is a pleasure to work with. Aaron Myers International Medical Group®
Parliament Hill have been working with ICS for over two years now. The advice and support we receive from the team is always clear and concise in guiding the business to meet all regulatory requirements. They are also a valuable partner in ensuring we stay well informed of future legislative changes which may impact the way we operate. Thank you! Parliament Hill
We engaged ICS to transit from a pre-Brexit authorised foreign firm to the new environment that was created post-Brexit. David and Elaine helped us with our applications, our FCA submissions and our overall compliance training, preparation, and implementation. We feel very lucky to have had David and Elaine help us navigate through the complex regulatory UK framework. Insurance Business Owner
ICS have been a joy to work with and extremely proficient whilst helping with FCA authorisation and regulatory approval. Marie & David understood exactly what was required and allowed me to immerse myself in the process too throughout. I’ll be using them on an ongoing basis too, now that authorisation and regulatory approval has been received. Marie and David are knowledgeable, thorough and extremely good people too. Ed Colville XA Underwriting Solutions Ltd.
DR&P Group have been working with ICS for the last 3 years, supporting the group in several key areas of compliance. Whilst ICS primarily support us on our London Market business following our first Lloyd’s Broker acquisition, they have been able to provide support across a broad spectrum of compliance issues including audits, training and the management of Appointed Representatives.

We have been impressed with ICS ability to interpret regulatory change, their depth of knowledge and most importantly, the way that they complement and work in tandem with our own internal compliance department and our business leaders. Tom Storer DR&P Group
I wholeheartedly recommend the services that ICS provide. ICS, through Elly, has spent time to understand our business and provides guidance and support to negotiate the regulatory landscape. Elly is hugely knowledgeable, approachable, and responsive, and happy to answer questions.

ICS is pro-active in the regulatory space, providing numerous resources including highly relevant bulletins, seminars and webinars. Overall a pleasure to deal with. Specialist Insurance Broker South West England
The guidance received from ICS helped us navigate compliance issues with ease, ensuring that we met all regulatory standards efficiently. The practical solutions they provided have greatly improved our compliance processes and minimised our risk exposure.

We highly recommend ICS to any organisation seeking expert compliance advisory services. Their professionalism, expertise, and commitment to excellence are truly unmatched. Thank you for your support!” Specialist Intermediary South East England
In August 2023 we engaged ICS for compliance advisory services, and the experience has been outstanding. Their deep knowledge and understanding of regulatory requirements have been invaluable to our organisation.

From the very beginning, Elly at ICS demonstrated a thorough understanding of our industry’s unique challenges and tailored her approach to meet our specific needs. In addition, the whole ICS team has been proactive, detail-oriented, and always available to address any concerns or questions we had. Specialist Intermediary South East England
We highly value the regular updates which explain the actions we need to take. These help us anticipate and accommodate regulatory changes and maintain compliance. Insurance Business Owner
We particularly appreciate our dedicated compliance consultant’s visits. He is a key part of our team and helps us feel confident. Insurance Business Owner
We have faith that you will always deliver a high standard of service. Insurance Business Owner
You are always ready to help. Our dedicated consultant gives us tailored advice at our quarterly reviews and the telephone helpline is always available whenever we need a little extra support. Insurance Business Owner
Your 'full service' package gives us unrivalled peace of mind. From the comprehensive compliance manual to the Hot TopICS regulatory updates, you ensure that we are well-informed and able to implement the actions needed to maintain compliance. Insurance Business Owner
We have never been more comfortable with our regulatory status / situation based on the support and guidance we receive from you guys. Jeff Rush Chief Executive, Rush Insurance Services Ltd
Earlier this week I was sent details of what would be required for a Network audit at the end of the month. The amount of documents, policies, procedures and registers required for this were terrifying and would previously have taken me 2 weeks of solid work to pull together, whilst still trying to run the business and look after clients. Because of the work Casey had already done for us though, in only 2 visits, literally everything needed was readily available, up to date and perfect. Can’t thank her enough and wouldn’t hesitate to recommend her to anyone else. Insurance Business Owner
ICS has been invaluable to us and we will continue to use them as our external compliance arm as they are a dedicated professional team with unparalleled expertise in the industry. Insurance Business Owner
Since working with ICS we have complete peace of mind regarding all of our compliance needs. We have worked with others in the past who have not understood our business or our needs. ICS’s service has been exceptional, not only with our regular day to day requirements, but also when we have called on them for support and advice for bespoke projects; indeed they attended an urgent meeting with a moment’s notice. Insurance Business Owner
We have used ICS for 10 years. We are extremely satisfied with the service they provide and with their specialist knowledge and advice on the rules and regulations. Nothing is too much trouble. Help from the friendly team with the RMAR/Gabriel is greatly appreciated. We would not hesitate to recommend them. Insurance Business Owner