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Client Money Protection


It will be necessary in most instances for us to hold money on account during the course of arranging and administering your insurance. This will be treated as Client Money in accordance with the FSA Client Money rules.

 In the event that it becomes necessary for us to hold Client Money, we will:

We will advise you if it becomes necessary to hold Client Money in another UK approved bank.

  • Protect all Client Money holding this in a Statutory Trust account.
  • This is completely segregated from our own money and there are strict regulatory controls we observe to maintain solvency of the Statutory Trust account. Importantly, Client Money is ring-fenced in the Statutory Trust account so that it will be returned to clients in the event of the insolvency of NTEGRITY and cannot be used to reimburse other creditors.

    Under FSA rules, money held in the Statutory Trust account from one client cannot be used for payment of premiums or claims for another client.

    We are not entitled to use Client Money to take payment of fees or brokerage before we receive the relevant premium payment from a client.

    Client Money Protection


    It will be necessary in most instances for us to hold money on account during the course of arranging and administering your insurance. This will be treated as Client Money in accordance with the FSA Client Money rules.

     In the event that it becomes necessary for us to hold Client Money, we will:

    • Deposit Client Money that we receive into a bank account with HSBC Bank plc. 

    We will advise you if it becomes necessary to hold Client Money in another UK approved bank.

  • Protect all Client Money holding this in a Statutory Trust account.
  • This is completely segregated from our own money and there are strict regulatory controls we observe to maintain solvency of the Statutory Trust account. Importantly, Client Money is ring-fenced in the Statutory Trust account so that it will be returned to clients in the event of the insolvency of NTEGRITY and cannot be used to reimburse other creditors.

    Under FSA rules, money held in the Statutory Trust account from one client cannot be used for payment of premiums or claims for another client.

    We are not entitled to use Client Money to take payment of fees or brokerage before we receive the relevant premium payment from a client.

      SEGREGATION OF DESIGNATED INVESTMENTS

      As we will pay Client Money into a Statutory Trust bank account, we will not invest Client Money in separate designated investments as permitted under FSA rules. (Separate designated investments as permitted by the FSA include life policies, shares, debentures, government and public securities, warrants, units, stakeholder pension schemes, options, futures, rolling spot forex contracts, contracts for differences, spread bets and rights to interests in investments in long term care insurance contracts).