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We offer Loss Assessor and Insurance Claims Handling businesses an alternative to becoming Directly Authorised with the Financial Conduct Authority.
Our Appointed Representative solution already supports a number of Loss Assessor and Insurance Claims Handling businesses who expertly represent their customers during an insurance claim.
We take care of regulatory requirements and provide you with knowledge and support, enabling you to provide your customers with the highest level of service. For any new Loss Assessor or Insurance Claims Handling companies the requirements imposed by the Financial Conduct Authority (FCA) can be a daunting experience. Full authorisation is a lengthy, complex, and expensive process, and increasing FCA governance of all online promotions can be exhausting and a distraction that any new business could do without.
Citrus currently work with a leading Insurance Claims Handling Franchise and deal with all of the FCA requirements of their franchisees. We understand the complex nature of Insurance Claims Handling, and appreciate that time spent negotiating with customers, contractors, and insurance companies, can often leave little time for the compliance side of the business. We offer the ideal solution via our Appointed Representative network allowing you to become an AR of an FCA authorised firm (known as a Principal).
KEY BENEFITS
The protection and security of our regulatory umbrella, without direct exposure to the FCA
Full regulatory support and guidance on FCA compliance, including sales and marketing reviews , as well as social media support
Access to our AR portal and our suite of on-line training modules
A dedicated, in- house account manager, providing on-going support
Owned by ‘Paxen Group’ Double award winning, Best In Class FCA compliance expertise with over 30 years experience in the financial service market
