ACS are regulated by the Financial Conduct Authority
We are currently placing
the complete insurance and reinsurance programme for a new Fuel Distribution
business, situated in Europe and Africa, which involves many licensing and
regulatory issues, with a projected turnover of US$8 Billion by the end of year 5.
We are currently
evolving a new Contingent Fund at Lloyds Product, which will be available to
Corporate Members to replenish lost Funds at Lloyds out a defined major Global
Catastrophic Loss event or serious Loss Events. Such Loss Event(s) to be of a
magnitude to impact Market Rates AND provide additional Funds at Lloyds for the
pre agreed Corporate Members to take advantage of the upturn in rates via the
provision of additional Funds at Lloyds support that the increases in premium
We are in the process of
placing a new Special Purpose Syndicate structure, with third Party Capital for
an Underwriting team, who want to access the Lloyds Market (previously Company
Market), but who will not have a large enough income for the first three years
to merit their own syndicate.
We have been engaged to
work with an EU Bank to work with them and their Credit insurers on the
production of a Feasibility Study for a formation of a Captive or a Protected
Cell Captives for them and their joint Venture Partners Globally.