Igor Shershunovych

Associate, Clyde & Co LLP

Igor is an associate qualified in England & Wales. He has experience in corporate insurance and general corporate work and advises clients on variety of insurance, corporate, commercial and regulatory matters.

Experience:

• Advising clients on the UK regulatory framework, including authorisation requirements under Part 4A FSMA;

• Advising clients on providing insurance cover in the UK on non-admitted basis and financial promotion restrictions;

• Drafting and reviewing Terms of Business Agreements, Introducer Agreements, Claims Management Agreements, Insurance Policies etc.; and

• Acting for clients on the acquisition of insurance intermediaries and other general corporate matters.

Contributed to

3

Prudential requirements for UK insurers—introduction

Practice Notes

This Practice Note is one of three that provide an overview of the prudential regulatory framework applicable to UK life and general insurers and reinsurers that fall within the scope of the UK’s Solvency II framework which derived from the Solvency II Directive (Directive 2009/138/EC). The Practice Note provides an introduction to the UK’s Solvency II framework, including the three Pillars of Solvency II.

Financial Services

Prudential requirements for UK insurers—Pillar 1 requirements

Practice Notes

This Practice Note is one of three that considers the prudential regulatory framework applicable to UK life and general insurers and reinsurers that fall within the scope of the UK’s Solvency II framework which derived from the Solvency II Directive (Directive 2009/138/EC). The Practice Note focuses on the Pillar 1 quantitative requirements.

Financial Services

Prudential requirements for UK insurers—Pillar 2 and Pillar 3 requirements

Practice Notes

This Practice Note is one of three that provides an overview of the prudential regulatory framework applicable to UK life and general insurers and reinsurers that fall within the scope of the UK’s Solvency II framework which derived from the Solvency II Directive (Directive 2009/138/EC).. This Practice Note focuses on the Pillar 2 and Pillar 3 requirements applicable to insurers.

Financial Services