Admiral Insurance selects Redland for Accountability (SM&CR) solution

Admiral is the latest financial services company to select Redland to provide an integrated Accountability solution encompassing the Senior Managers & Certification Regime (SM&CR), Conduct Recording & Breach Management.

The solution will be implemented initially within Admiral Insurance Company Limited before being rolled-out to other group companies next year. In total, the Redland solution will be deployed to 6,500 Admiral staff who will be subject to Conduct rules.

Richard Miles Thorne, Head of HR Governance,  Admiral commented; “We continue to invest in the best people and the best technology to support our business in delivering the right outcomes for our customers and staff. After a thorough review of the SM&CR technology market, we chose Redland for their proven solution and their ability to deliver to our regulatory and compliance objectives”

Gary Muchmore. Chief Executive, Redland, commented: “Admiral’s decision to select Redland shows again that we continue to be the trusted compliance technology partner for the financial services industry. We now have over 100 legal entities and 650 senior managers who will be using our SM&CR solution to ensure they comply with the new Individual Accountability regulation.

 



About Admiral 

  1. Admiral Group plc, through its subsidiary company EUI Limited, is a UK based company, specialising in motor, home and travel insurance. Other members of the Group include, price comparison website Confused.com and Admiral Financial Services Limited offering personal loans and car finance.
  2. Admiral Group plc employs over 10,200 staff worldwide (over 7,000 in south Wales) and has more than 6.23 million customers worldwide (5.07 million in the UK).
  3. Admiral Group is Wales’ only FTSE 100 Company. Group turnover in 2017 was £2.96 billion (2016: £2.58 billion).
  4. Admiral Group’s website address is https://admiralgroup.co.uk/.
  5. Follow Admiral Group on Twitter at https://twitter.com/admiralgroup.
  6. Admiral Group’s latest ranking in the Sunday Times Best Companies Best Companies to Work For in the UK was 3rd in 2018.
  7. Admiral Group’s latest ranking in the Great Place to Work Best Workplaces in the UK was 14th and the 10th Best Multinational Workplace in Europe in 2018. Admiral was also named the 23rd Best Workplace in the World by Great Place to Work in 2017. For a full list of Admiral Awards worldwide, visit https://admiralgroup.co.uk/our-culture/our-awards.
  8. Admiral Group, through its subsidiary companies, consists of 17 brands worldwide. Admiral, elephant.co.uk, Diamond, Bell, Gladiator, Veygo by Admiral and Confused.com, all based in the UK. Balumba, Qualitas Auto, WiYou Seguros and Rastreator.com based in Spain. ConTe.it based in Italy, LeLynx.fr and L’Olivier.fr based in France. Elephant.com and Compare.com based in the USA and Rastreator.mx in Mexico.

About Redland

We focus exclusively on providing compliance solutions for the financial services organisations. Formed in 2001, our business combines proven technology and a profound understanding of the regulatory landscape. We provide an integrated Accountability software solution for the Senior Managers & Certification Regime (SM&CR), Conduct Recording & Breach Management and Training & Competency (T&C).

Trusted by some of the biggest names in financial services, our award-winning software is relied upon to enable all relevant regulatory requirements to be met, helping organisations raise standards and protecting them, and their staff, against non-compliance and regulatory fines.

By Redlandadmin from Redland Business Solutions


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