We are an independent privately-owned consultancy business with more than 15 years’ experience providing expert compliance support and advice. We were established in 2004 when regulation began to be significantly strengthened for general insurance brokers and built our experienced team to focus on the delivery of services helping brokers trade in this regulated environment.
In 2020, we formed the UKGI Group with an aim to bring together the best FCA compliance consultancies and training solutions to continue supporting FCA regulated businesses.
In 2023, we merged with RWA Compliance to create one of the largest consultancies in our sector. UKGI Learning Solutions was also created, bringing together two market leading learning and development solutions, Searchlight Insurance Training and The Development Zone online learning platform.
Support for businesses of all shapes and sizes
Over the years we have developed our business to support a wide range of firms from local small-to-medium size business through to larger brokers and distributors. As regulation has expanded its reach, so has UKGI. We now support firms from traditional general insurance brokers through to insurtech/fintech start-ups. Our clients include MGAs, insurers as well as firms within the claims management and consumer credit sectors.
We assist clients across the range of regulatory matters from core essentials such as authorisation, systems and controls, client money and appointed representatives, through to more bespoke and complex needs such as governance and structure, delegated authority oversight, product development and project management. We also provide expert advice, commentary and evaluation on the impact and direction of emerging regulatory developments.
Putting you in control
We’ll take you through the process of putting proportionate systems and controls in place that work for your business, forming a solid foundation to build upon and ultimately add value to your business. This can include:
- Corporate governance
A structured corporate governance framework is absolutely key to any successful business. We work with you to embed a framework that gives you, your staff, your customers and the Regulator confidence that the business is adequately controlled, risk aware, robustly managed, and taking responsibility for its actions.
- Allocation of responsibilities
Who should be responsible for some key areas of the business is not always immediately apparent. Our expert team can help you define and document key accountabilities to avoid matters inadvertently falling between two stools. Everyone including your staff, customers and the Regulator benefit from having clarity on who the key people are and what they do.
- Systems and controls
Responsibility within the business only works when accountability is maintained through clear, proportionate controls and periodic monitoring. No business can operate without knowing how it is performing, not just commercially, but across all aspects of the business. Our experience and industry knowledge can help you implement effective systems and robust but manageable control mechanisms to take away your worries.
“We have found UKGI to be an invaluable stakeholder in Wrisk. Their technical expertise, their responsiveness, and their cultural tone of voice work really for us. Unreservedly recommend them”
“Crixus Insurance Brokers have worked with UKGI for approximately three years now and we have been more than happy with their professionalism and knowledge on all compliance matters – their team is always friendly and keen to assist.”