compliance and regulations
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Who Regulates Insurance Brokers & How Does It Work?

The financial services sector, which includes insurers and insurance brokers, is mainly regulated by two bodies: What Does the Financial Conduct Authority (FCA) Do? The FCA regulates financial service firms and financial markets in the UK. Their regulations are designed to ensure that financial markets are “honest, fair and effective so consumers get a fair…

business worker planning a new company
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How to Start an Insurance Company – What You Need

If you currently work in insurance and you want to start your own insurance company, in this post we’ll list the various things you’ll need in place before you can start legally trading. What Sort of Insurance Company Do You Want to Start? As we’ll see below, the UK insurance industry is highly competitive, and…