AM Specialty Insurance Secures UK Regulatory Green Light for Underwriting
The authorisation confirms that ASIC UK meets the strict Threshold Conditions set by the PRA and FCA. These include high standards in financial stability, governance, operational resilience, and customer protection. The insurer will now operate under the UK’s prudential and conduct supervisory frameworks, ensuring compliance with all regulatory expectations.
With its authorisation now in place, ASIC UK can begin offering insurance services in the UK. The company’s regulatory compliance and governance framework position it to operate within the country’s strict financial oversight. This move marks the start of its active role in the UK’s specialty insurance sector.