Wolters Kluwer (UK) Ltd announces that its application to the Financial Services Authority (FSA) for authorisation has been granted. As from 14 January 2005, the company will be fully authorised to carry out general insurance activities. This ruling will enable the company to achieve best practice whilst also delivering an enhanced service to its clients.
Previously regulated by the General Insurance Standards Council (GISC), Wolters Kluwer (UK) Ltd incorporates the core brands Croner and CCH, and is one of the UK's most respected providers of business information and consultancy services. Its specialist insurance services include fee protection schemes for accountants provided by IRPC Taxation Services and insured consultancy products (offered by Croner Consulting) which offer financial cover should a client be taken to an employment tribunal having followed the advice of a professional consultant.
In order for authorisation to be granted, Wolters Kluwer (UK) Ltd undertook due diligence across all divisions to ensure its operations were fair, clear and not misleading ultimately leading to improved customer service.
Christopher Mellor, CEO for Wolters Kluwer (UK) Ltd is delighted with the authorisation decision:
"The FSA authorisation decision is very important to us as a company as it reflects the values of honesty, integrity and transparency which are intrinsic to the way we conduct business." He continues, "2005 is going to be an exciting year for Wolters Kluwer (UK) and our customers will see many new initiatives implemented over the coming months as we continue to improve our services."