Fortegra Receives UK Branch Authorisation from The Prudential Regulatory Authority
Tiptree Inc. (TIPT)
US:NASDAQ Investor Relations:
tiptreefinancial.com
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Source: Business Wire
LONDON--(BUSINESS WIRE)--The Fortegra Group, Inc. (“Fortegra”), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced that its European insurer, Fortegra Europe Insurance Company Ltd. (“FEICL”), received UK Branch approval from the UK’s Prudential Regulatory Authority, effective July 28, 2022.The authorisation solidifies Fortegra's ability and commitment to its UK operations, whilst retaining its appetite and plan to continue developing its footprint in the rest of Europe. The approval brings an end to the company’s participation in the post-Brexit Temporary Permissions Regime, which initially allowed Fortegra to continue servicing the UK region until the end of 2023.“We are excited to continue operating in such a critical market for our company,” said Sanjay Vara, Chief Underwriting Officer. “With renewed clarity, we will continue to develop our UK and European growth strategies, providing the superior service our partners have grown to expect
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TIPT
Sec Filings
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- 3/18/24 - Form DEF
- TIPT's page on the SEC website