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The regulator had previously set a 27 July deadline after the merger partners offered divestments to secure regulatory approval. -
The law firm has already this year seen a lot of PE support for startups and scale-ups both through equity and debt.
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The fee will be charged to 295 insurers and 50 managing general agents, with the test case participants exempt.
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The move comes ahead of the COP26 climate summit in Glasgow in November.
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A regulatory ‘nursery’ is to provide support to newly authorised firms and help improve the watchdog’s oversight.
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Insurance Europe has previously warned against excessive prescriptiveness.
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The US regulator has proposed Willis sells its San Francisco and Houston CRB businesses, and its Bermudian insurance broking arm.
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The FCA’s former director of international and interim COO succeeds Caroline Wayman, who steps down after seven years.
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Tysers said a wider scheme would give event organisers the confidence to begin planning.
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Underwriters look to avoid the costly option of setting up an EEA service company to use the platform.
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The move follows the brokers’ submission of a remedies package last week to allay competition concerns.
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Hiscox entities have paid out 67 claims in full, the regulator’s data shows, and have accepted 6,351.
