Regulatory Alerts2026-02-26
Guidance Notes and Information Concerning Insurance Management
The Isle of Man Financial Services Authority issued this guidance under the Insurance Act 2008 to clarify regulatory expectations for authorised insurers and registered insurance managers. It mandates that insurers controlling or carrying out business in the Isle of Man must be authorised and managed locally, while registered managers are restricted to providing services exclusively for insurance entities. The document further distinguishes between commercial and non-commercial management roles and prohibits non-authorised insurers from engaging managers for insurance business activities without obtaining proper authorisation.
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