British insurance companies – Logos of world insurance companies. By clicking on the logos of insurers in Great Britain, you will get access to all the information that the insurer has on its own website.
Insurance Company Logos in Great Britain
Insurance Companies Logos and Names. Clicking each Logo Image will get a lot of useful info that will help you find the best insurance.
RMS Titanic
RMS Titanic was a British passenger liner that sank in the North Atlantic Ocean on 15 April 1912 after colliding with an iceberg during her maiden voyage from Southampton, England to New York City. The sinking of the Titanic caused the deaths of 1,514 people in one of the deadliest peacetime maritime disasters in history. She was the largest ship afloat at the time of her maiden voyage. One of three Olympic-class ocean liners operated by the White Star Line, she was built between 1909–11 by the Harland and Wolff shipyard in Belfast. She carried 2,224 people.
The Britain Insurer’s market: regulation and supervision
The diversity of forms of insurer operating in the United Kingdom market reflects its historical development, the evolution of different forms of business organization in the UK, and the development of the regulatory framework.
In the UK, insurers have in recent years been regulated and supervised by the DTI and HM Treasury, and now by the FSA.
The language of the regulatory framework has changed over the years. The Insurance Companies Act 1982 applied to authorized ‘insurers’. The statute which replaced it, the Financial Services and Markets Act 2000 (FSMA 2000), refers to ‘authorized persons’ who may carry on ‘regulated activities’, of which the effecting and carrying out of contracts of insurance is one.
Authorized persons are either those who have received permission under Part 4 FSMA 2000 from the FSA, or an EEA or Treaty firm which qualifies for permission under Schedules 3 or 4 to that Act. Schedule 3 sets out the ‘passport rights’, under which one EEA regulator can give authorization covering firms operating throughout the EEA Directive rules. Schedule 4 sets out ‘treaty rights’, which are similar to those under Schedule 3, but are granted on a case by case basis.
Authorized persons must also meet the FSA’s ‘threshold conditions’, one of which for insurers is the person must be a body corporate, a registered friendly society or a member of Lloyd’s.
More details on the regulatory framework are given in GIM3000+.
British Insurance – World Insurance Companies Logos
