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.