COMPLIANCE AND ASSURANCE

Assuring compliance at every step

Compliance and Assurance for Insurers

GreenKite provides advisory services and strategic support in Compliance and Assurance to insurance businesses of all shapes and sizes, from initial authorisation to strategic scale-up.

We are committed to truly collaborative consultancy – understanding your challenges and developing streamlined solutions through a market-informed lens, delivered by industry practitioners.

We have carefully curated a formidable team of compliance, audit and risk experts, each with long-standing industry experience and impressive track records in their respective fields. Our team shares a real appreciation for the power of cross-functional collaboration and a universal commitment to deep industry knowledge and excellent client service.

Download information here

WHAT WE DO

We leverage our team’s expertise to provide proportionate solutions, tailored to your business, taking the challenge out of compliance and assurance operations and freeing you and your team to focus on the direction of your business.

Our services include (but are not limited to):

GREENKITE PROTECT

Your virtual Compliance Manager (Compliance package)

  • Appointed Compliance Manager
  • Hands-on regulatory support and advice and access to business template(s)
  • Annual Business Health Check
  • Monthly Horizon Scanning

REGULATORY ADVICE AND REPORTING

  • Regulatory application and approval- Lloyd’s/PRA/FCA
  • FCA information requests
  • Regulatory reporting, registrations, and authorisations
  • Specialist advice on current regulatory topics

GOVERNANCE

  • Assurance reviews
  • Corporate Governance reviews and (re)design
  • GAP analysis for significant regulatory changes
  • SMCR and Fit & Proper assessments

CONSUMER DUTY AND OUTCOMES

  • Outcome data review and analysis
  • Product Governance, wordings and fair value assessment(s)
  • Vulnerable customers

OTHER SERVICES

  • Coverholder audit
  • Bespoke training for NEDs and C-Suite
  • Appointed representative and Principal support services
  • Fully outsourced and interim compliance cover

Our Approach – The GreenKite Way

Accountability matters – we believe in the importance of having a single, senior dedicated point of contact for every client who is responsible for the overall success of the engagement.

Throughout each client relationship, we continually review and reassess resources to ensure we are deploying the appropriate multidisciplinary team that will deliver real value for every client.

Unlike competitors, we do not flood projects with junior technicians, overseen by managers who are often one step removed. We work closely with each client to understand their unique requirements, then strategically apply appropriate technical expertise in the appropriate areas.

This approach delivers actionable, cost-effective solutions to our clients and material improvements to their bottom line.