As a result of Brexit, a UK based Insuretech MGA needed to establish an EU operation to ensure continued access to its current EEA book of business and provide a platform for future growth in the EEA region.
The Project
Our Solution
We worked with the client to define and establish their proposed EU operating model. This included proposing the operating structure for the selected EU location in Ireland, group-sourcing arrangements and interfaces with existing group structures.
We drafted the regulatory application, financials, supporting documentation and policies to ensure a successful application and implementation.
Benefits
We deployed an experienced team member with a background in both regulatory applications and MGAs which enabled the client to meet short timescales.