Praeventus B.V. is officially registered with the Netherlands Chamber of Commerce (KvK) and operates under the supervision of the Dutch Authority for the Financial Markets (AFM), holding licenses to conduct insurance business across the Netherlands and the European Economic Area (EEA).

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As part of its expansion into the UK market, Praeventus is establishing a branch office and pursuing direct authorization from the Financial Conduct Authority (FCA). In the interim, Praeventus is registered with the FCA as an Appointed Representative of Oilfield Insurance Agency Limited (OIAL), a fully licensed and regulated FCA entity. This arrangement enables Praeventus to legally and effectively conduct insurance activities from the UK.

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Although Praeventus performs many functions similar to an insurance company, it is not subject to the same capital requirements. As a Managing General Agent (MGA), Praeventus is regulated by financial authorities and must adhere to the compliance standards set by its carriers. For example, as a Lloyd’s Coverholder, Praeventus complies with all applicable Lloyd’s regulations, including those related to Financial Crime & Sanctions (such as anti-money laundering, international sanctions, and anti-bribery) and Conduct Risk.

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Registration and license numbers:

KvK Company Registration no.:

80353959

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AFM License Reference:

12047703

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FCA Registration nos.:

FRN948123 / MXM00538