Pinpoint UK Solutions Ltd, part of AM Specialty Insurance Group (ASIG), has been authorized by the Financial Conduct Authority (FCA) to operate in the UK market as a direct authorized company.
The authorization is an important milestone and is in line with ASIG’s long-term growth plans to develop Pinpoint UK, further supporting its ambition to expand its specialist insurance platform in the UK market.
The approval also strengthens ASIG’s platform and reflects its continued investment in building well-regulated insurance businesses in key markets.
With Pinpoint UK operating as a direct licensing company, AM Specialty is able to support a wider range of opportunities while maintaining a focus on underwriting discipline, sustainable growth and long-term partnerships.
The authorization follows the approval of Pinpoint UK’s Lloyd’s underwriters in early 2026.
It is also expected to support the growth of Pinpoint UK’s business lines, including UK Enterprises, led by Joe Harding, which is focused on building scalable specialist insurance solutions and strengthening broker and client relationships across the UK market.
Darren Powell, CEO of ASIC UK, commented: “Achieving FCA authorization is an important step forward for Pinpoint UK. It sets the stage for us to further develop our UK platform, strengthen our market presence and continue to provide thoughtful, focused solutions to our partners.
“We are excited about the opportunities ahead and remain committed to building a business with discipline, technical expertise and long-term partnerships at its core.”
Founded in 2024, Pinpoint UK provides tailor-made insurance solutions for non-catastrophe specialist risks through technical underwriting expertise, strong market relationships and a rigorous project development approach.
The MGA has operated under the regulatory guidance of resolution underwriting since its inception and this development marks an important step in its transformation into a direct licensing company.