BMR Compliance

Providing bespoke, hands on compliance and training solutions to the General Insurance Industry

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The FCA have issued some General Insurance specific guidance for brokers, please click here to read the update. More importantly, they have issued a note on how Insurers should be handling the crisis, which I think is a must read. Please click here to view that...

During these unprecedented times, some things will remain a constant! BMR will still be supporting all of our clients during these uncertain times.  Due to most clients now requesting we do this on a remote basis, we will still conduct your usual reviews and provide...

As the holiday season approaches, we often start looking for something to read for when we’re sat on the beach or around the pool. So, here’s some good reading material. The FCA have updated their webpages on SM&CR for solo-regulated firms with even...

As you are no doubt aware the definition of small business has changed in the FCA Complaints Source book (DISP). This now includes o Charity which has an annual income of less than £6,500,000 at the time the complainant refers the complaint to the firm o Trustee...

We have received the below from the FCA: We have published our final rules that will apply if the UK leaves the EU without a deal. We have made some changes to the near-final rules we published in February, which are set out...

From 1st April 2019, the definition of those eligible to refer complaints onto The Financial Ombudsman Service (FOS) is being increased. The current definition of an Eligible Complainant is:- • Consumers • A charity which has an annual income of less than £1,000,000 at the time the complainant refers the...

The FCA have announced plans to enable more SME (small to medium enterprise commercial) firms to have access to the Financial Ombudsman Service in the event of a complaint not being fully satisfied by a broker. This is estimated to give an additional 210,000...