Industries ｜ Insurance, Mortgages & Claims｜ Insurance
Our expertise
Our seasoned team, well-versed in insurance regulation, daily addresses a myriad of regulatory issues, emphasizing the critical nature of customer care and reputation maintenance. Whether you need a thorough evaluation of your current status, assistance with SM&CR complexities, an examination of your policies and procedures, financial promotions, operational risk framework, or guidance on AR compliance management, we ensure you receive practical, impactful expert advice.
We counsel a diverse array of clients, from new entrants seeking regulatory authorization to established firms in need of continuous compliance assistance. Our clientele encompasses insurance brokers, insurance companies, Managing General Agents (MGAs), and various intermediaries engaged in insurance mediation, including motor dealerships, call centers, and FinTech ventures.
Our guidance and support span from adopting essential risk cornerstones such as governance, culture, and control, to compliance monitoring and thorough health checks. Additionally, we can assist you in:
- Interpreting and adhering to regulatory handbooks
- Managing the compliance of your Appointed Representatives (ARs) and Introducer Appointed Representatives (IARs)
- Overseeing your continuous regulatory compliance, including systems and controls, insurance conduct standards, client asset protection, minimum capital requirements, and relevant insurance legislation.
Regulatory authorization and compliance project assistance
We provide comprehensive compliance support to credit firms, empowering them to seamlessly navigate regulatory landscapes while preserving their strategic vision and objectives.
Authorisation & Applications
Leveraging our broad experience across financial sectors, we guide clients in preparing and submitting comprehensive applications that align with regulatory expectations, streamlining the authorization process.
Consumer Duty
A comprehensive suite of services designed to assist firms in implementing the new Consumer Duty.
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Appointed Representatives
We specialize in assisting firms to establish and manage compliant Appointed Representative (AR) networks. Our services encompass annual AR assessments, ongoing monitoring, and the development of compliant AR frameworks. If you're considering becoming a principal or exploring the AR route, reach out for expert guidance.
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Continuous Compliance Assistance
AZH provides comprehensive compliance support to numerous firms, offering regular monitoring, both online and in-person training, assurance reviews, and remediation services to fulfill regulatory obligations.
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Compliance Healthcheck
Our Compliance Healthcheck assures you that your compliance framework meets all necessary standards.
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Compliance Advisory
We offer top-tier, adaptive consultancy services tailored to the dynamic regulatory landscape, addressing client-specific challenges, providing project-specific support, and guiding through business transformations and the implications of new regulations on systems, policies, procedures, and controls.
Training
Ensuring that your management and staff are adequately trained in compliance is a critical regulatory mandate. We offer sophisticated solutions including digital training via our PortAll platform and tailored in-person training sessions and workshops.
Variation of Permission
For authorized firms aiming to modify their regulated activities, launch new business lines, or introduce new products/client segments, we provide expert assistance with your Variation of Permission (VoP) application.
Change in Control
If you intend to acquire or increase control of a regulated firm, it is mandatory to submit a Change in Control (CiC) notification to the relevant regulatory authority and obtain prior approval before proceeding with the transaction. We can assist you in notifying the regulatory body of the change and ensure a smooth CiC process.