As an industry leader, Morgan Clark sets the bar when it comes to standards and the expectations we have of our team. You can read here about our professional memberships, and as our client, you can rest assured knowing that your team is part of the UK’s leading firm of Loss Assessors.
Financial Conduct Authority
Morgan Clark were the first firm of Loss Assessors to be authorised by the Financial Conduct Authority, meeting the criteria when the regulation scheme was launched in 2005. The Financial Conduct Authority sets the regulation conduct standards for nearly 60,000 financial services firms and financial markets in the UK. They are also the prudential supervisor for 49,000 firms, setting specific standards for 19,000 firms.
As an internationally respected membership organisation, The Chartered Institute of Loss Adjusters (CILA) sets the professional and ethical standards for companies handling claims. They do so through its qualification framework and guide to professional conduct.
As the UK’s leading insurance intermediary organisation, The British Insurance Brokers’ Association (BIBA) represents the interests of insurance brokers, intermediaries and their customers. BIBA advises members, Government, regulators, consumer bodies and other stakeholders on key insurance issues. Morgan Clark joined as an Associate Member in 2019 and are the only Loss Assessing firm to have this membership with BIBA.
The Institute of Public Loss Assessors was founded in 1966 and is the professional body representing Loss Assessors in the UK. Morgan Clark have been members since 2019. All IPLA members must be authorised and regulated by the Financial Conduct Authority and have appropriate Professional Indemnity Insurance.