Comprehensive client money handling for growing insurance brokerages
At Jensten Network, we understand that effective financial management and transparent client money processes are fundamental to running a successful, compliant insurance brokerage. Our accounts proposition gives you the robust financial infrastructure you need to grow your broking business with confidence.
We provide a fully supported, FCA‑compliant accounts framework designed to help you simplify and streamline your financial processes. This allows you to focus on building your client base and scaling your business, while we support the operational complexities behind the scenes.
FCA-compliant client money handling.
Centralised reconciliation and payments.
Dedicated Accounts team support.
Access to premium finance solutions.
Insurer accounting managed for you.
Ongoing training and development.
Jensten Network supports both new start-ups through Coversure and established brokerages via Jensten Broker Network. Because Coversure offices typically require more hands‑on financial and operational support, some services listed below may vary depending on your membership route.
To understand what’s included and what can be obtained as an add-on, please refer to the relevant brochures below or speak with our team.
Grow an Existing Brokerage
Learn more about how we support Jensten Broker Network members.
The IBA team was pinnacle in bringing an accounting system to life for us – for us to understand it when we’d never dealt with one previously.
Mel Richards, Director at Coversure BYB Group
Our accounts proposition
Client money handling is one of the most regulated areas in insurance broking, and compliance is essential for your reputation and long‑term success.
Whether you’re looking to start an insurance brokerage, expand a directly authorised brokerage, or operate as an appointed representative insurance firm, we ensure full adherence to FCA CASS client money rules through:
- FCA-certified procedures: All client funds are segregated, reconciled and managed in line with the highest regulatory standards.
- Regular CASS audits: Internal and external audits ensure accuracy, transparency and continuous compliance.
- Dedicated compliance support: Our specialists help you navigate regulatory changes, giving your brokerage peace of mind and risk protection.
Managing client accounts can be complex and time‑consuming. Jensten Network centralises and streamlines these processes to reduce administrative burden and help you operate more efficiently.
Our support includes:
- Full monthly reconciliation of all client accounts
- Transparent, real‑time reporting
- Timely payments and premium collections
- Reduced risk of error or missed payments
By removing these operational pressures, you gain more time to focus on serving clients and accelerating growth.
Our dedicated Insurance Broking Accounts (IBA) team handles the entire month-end process for you, ensuring your accounts remain accurate and compliant.
We can support you with:
- Identification and resolution of discrepancies
- Assistance with commission and premium queries
- Management of banking issues
- Fast issue resolution to protect cash flow
This creates a smoother financial operation and supports both appointed representatives (ARs) and those scaling a directly authorised brokerage.
Offering clients flexible payment options can help you win more business. Jensten Network members have access to a choice of premium finance solutions, allowing clients to spread their insurance payments over manageable periods. You have the option to work with a dedicated Premium Finance Manager to help manage finance arrangements and assist with any client-specific queries, ensuring a smooth process every time.
Dealing with insurer accounts and commissions can often be complex and time-consuming. We simplify this for you with insurer accounts reconciliation, giving you full support in managing your insurer relationships.
- Commission and premium queries: We provide detailed guidance and resolution for commission and premium queries, helping to ensure that your accounts are accurate and up to date. Any discrepancies are identified and resolved promptly, so you can maintain smooth cash flow.
- Dedicated support for insurer relationships: Our team is available to support you with any questions or issues you may have regarding your insurer relationships or commission structures, making the process as straightforward as possible.
- Insurer management: We handle any queries that may arise with insurers, to remove any distraction from your day-to-day activities.
This level of support is especially valuable for ARs, new brokers and growing insurance firms seeking efficiency within a broker network or insurance franchise model.
As part of our commitment to supporting your business, we offer ongoing training in all areas of client money handling and financial management, ensuring you and your team are always up to date with the latest regulations and best practices. We offer bespoke training sessions and guidance on financial management, helping your team to operate more efficiently and with greater confidence.
We’ve got a really cracking Accounts team that settles everything. It’s great for us – we don’t have to employ someone to look after the accounts.
Martin Nugus, Director at Coversure Southampton
What does this mean for you and your business?
Peace of mind with compliance and regulation
Client money handling is a critical aspect of any insurance brokerage. With Jensten Network, you can rest assured that your business is fully compliant with the most stringent regulatory standards, helping you avoid costly mistakes and legal issues.
Time-saving systems and support
Our centralised systems streamline financial management, allowing you to focus more on growing your business and serving your clients. You’ll benefit from reduced administrative burden and more efficient processes, particularly in handling month-end reconciliations and managing client payments.
Increased flexibility for clients
Offering flexible premium finance options enhances your value proposition and helps you attract and retain more clients. By providing easy-to-manage payment options, you make it easier for clients to purchase and maintain insurance coverage, improving client satisfaction.
Scalable for your growth
As your business grows, Jensten Network’s accounts proposition scales with you. Our premium finance solutions, insurer reconciliation support and financial management services are designed to evolve with your business, providing continuous support as you expand.
Ongoing training and development
We provide relevant training to help you stay ahead of changes in financial regulations and enhance your team’s capability in managing client money. This ensures that you have the skills and knowledge to operate effectively and maintain compliance.
Build and grow your brokerage with confidence
Joining Jensten Network means gaining access to a robust accounts proposition that prioritises transparency, compliance and efficiency. Whether you’re launching a new office as an AR or managing a fully regulated office, we can provide the financial infrastructure and dedicated support you need to grow and succeed.
Looking to join a network that can help streamline your financial operations?
Take a look at our other member benefits:
Market Access
Access to leading insurers, specialist markets and exclusive schemes.
Acturis
The tools and insights to help you run and grow your brokerage.
Risk & Compliance
FCA-compliant support, regulatory guidance, monitoring and training.
Business Development
Strategic guidance and support for growing brokerages.
Marketing
Generate leads and grow your insurance brokerage with marketing support.
HR
HR, recruitment and people support for growing insurance brokerages.
IT
IT support, cyber security, connectivity and hardware solutions for insurance brokers.
Unlock the full potential of your brokerage
Whether you’re launching a new venture or scaling an established firm, Jensten Network provides everything you need to run a successful, profitable and resilient brokerage.
From market access to compliance, from back‑office support to helping you plan your long‑term exit, we’re here to help you build a business you’re proud of, today and for the future.
