As a professional insurance adviser and as a prerequisite to offering the highest level of service to our clients, we take our governance commitments very seriously. All aspects of our work are subject to the highest level of scrutiny whether this be our business processes or the way in which we deal with our suppliers and partners. We want all our stakeholders to be absolutely confident that they are dealing with an organisation that operates to the highest professional standards.
The UK operates arguably the gold standard in financial service regulatory compliance and hence why international organisations around the world have complete confidence in dealing with the London insurance market.
GSR is a trading style and part of CKRe ltd (CKRe) www.ckre.co.uk which is authorised and regulated by the Financial Conduct Authority (FCA). Operating independently of the UK government, the FCA regulates financial firms in the UK and maintains the integrity of the UK’s financial markets. The authority has significant powers to regulate conduct, specify minimum standards, and investigate organisations and individuals. CKRe takes seriously its need to follow the business conduct requirements of the FCA and has structured its business processes around these requirements. In addition CKRe is a broker at Lloyd’s and subject to its usual regulatory requirements.
Supporting the regulatory regime is the respected UK legal and accounting standards as well as critical statute requirements such as the Data Protection Act, safeguarding the control and processing of data.
Our stakeholders wherever they may be in the world can therefore be completely confident that they are dealing with a company that operates at the highest level of ethical and professional standards.
Lloyd’s of London
CKRe is importantly a Lloyd’s of London broker giving it direct access to one of the most innovative and respected international insurance underwriting markets which underwrites over GBP19.7 billion of gross written premium worldwide. (source Lloyd’s Interim Report 2019)
Lloyd’s is one of the worlds leading underwriters in sports insurance and the syndicates providing this expertise can only be accessed by an authorised Lloyd’s broker. GSR is able to bring this unique expertise to our clients and partners providing an added dimension to the service we provide.