Rimbal Insurance Services PCC Limited, a wholly-owned subsidiary or Rimbal Holdings Limited, has been authorised by the Guernsey Financial Services Commission (GFSC) to be an insurer to be licensed to write international insurance business from the Bailiwick of Guernsey.
Rimbal Insurance Services will provide significant benefits in-terms of lowering costs, creating efficiencies and providing a more ‘fit-for-purpose’ insurance framework across the group.
“We are delighted that Rimbal Insurance Services has been authorised by the GFSC and that we can deliver a new insurance framework within the group,” Angus MacNee, CEO of Rimbal said. “The ability to provide more data-driven decisions, price risk and develop the insurance framework to work for our business will provide immediate benefits that can compound into the future.”
The Rimbal group is unique in the UK marketplace in comprising Advisory, Open Banking and Insurance regulated businesses.
