Many of our members join us as a temporary solution to learn more about regulation and compliance, whilst building their businesses and insurer contacts in the Lloyd’s and London Market, to a point where they are comfortable to become directly authorised (or become a Lloyd’s Broker themselves).

When the AR feels that its time for direct authorisation – we offer complimentary guidance and support. And of course, the client bank you have worked so hard to build are always yours – no strings attached.

When you feel the time is right, we help our partners in becoming directly authorised by the FCA with our inhouse team of compliance specialists. Often, our partners stay with us for years on end as the benefit of becoming directly authorised doesn’t always outweigh the Appointed Representative model. Here are some regulatory, compliance and financial considerations to think about when becoming directly approved;