Banks, insurers and Lloyd’s managing agents

Find out about the authorisation process if you're one of these types of firm.

You must apply to the Prudential Regulation Authority (PRA) in order to be authorised as a:

  • bank
  • insurer (general or life)
  • managing agent of a Lloyd’s syndicate

We also need to give our consent before the PRA will authorise you.

Apply to the PRA

Conditions you must meet

In your application, you'll need to show that your firm meets the minimum standards, known as the threshold conditions, of both regulators.

Learn more about the:

Preparing your application

Before submitting your application, please also read our page about how to apply for authorisation.

This explains our expectation that firms are ready, willing and organised, along with information about our Consumer Duty, trading names and sensitive business names, and how to avoid delays.

Remember that you'll need to submit your application to the PRA by email, and not through our Connect system. 

If you need more help

Please contact us on 0300 500 0597. We're open Monday, Tuesday, Wednesday and Friday 9am to 5pm, and Thursday 9.45am to 5pm.

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