The Isle of Man Financial Services Authority (“the Authority”) is responsible, under the Insurance Act 2008, for the authorisation of insurance businesses on the Isle of Man.

Applications for authorisation are made in writing by the applicant to the Authority. As part of this authorisation process the Authority seeks to ensure that new entrants to the insurance sector meet the required minimum standards expected of an Isle of Man regulated entity, thereby protecting the reputation of the Island as a reputable and responsible financial centre.

Please see the “Authorisation Procedure” webpage for more details on the procedure for provisional authorisation or authorisation.