Coastlight Global Risk identifies and manages circumstances in which competing interests could affect, or reasonably appear to affect, professional judgement.

Clear roles, transparent decision criteria, controlled information and timely disclosure support the integrity of the advisory relationship.

A potential conflict may arise through:

• remuneration or economic incentives;

• relationships with insurers, markets, service providers or other counterparties;

• work involving several companies or interested parties;

• access to confidential or commercially sensitive information;

• personal, financial or business interests;

• overlapping advisory, placement or claims-related responsibilities;

• a material difference between the interests of two companies advised by Coastlight.

The existence of different interests creates a matter for assessment. The response depends on the nature, materiality and manageability of the circumstances.

Recommendations are developed against the company’s stated needs, the relevant evidence and professional criteria.

For insurance intermediation, the analysis considers the available market, programme structure, wording, capacity, claims implications and the suitability of the proposed solution for the defined requirements.

Material commercial relationships and incentives remain subordinate to the integrity of that process.

Coastlight seeks to prevent or reduce conflicts through:

• clear definition of role and scope;

• separation of information where appropriate;

• purpose-limited access;

• documented decision criteria;

• independent comparison and challenge;

• review and approval gates;

• restriction or reassignment of activity;

• declining work where effective management cannot be achieved.

The selected control reflects the significance of the conflict and the decision it could affect.

The nature of remuneration relevant to insurance intermediation is communicated through the applicable professional information and business documentation.

Where remuneration, fees, commissions or another economic interest are material to an informed decision, their role is made clear within the applicable legal and professional framework.

Access to insurers, underwriting markets and specialist providers supports competition, capacity and technical execution.

Coastlight assesses market relationships according to the company’s requirements and the professional purpose of the work.

A relationship with a market participant remains separate from the evidence and criteria supporting a recommendation.

Work involving companies with potentially competing interests requires explicit consideration of scope, confidentiality, decision authority and information boundaries.

Coastlight assesses whether the relevant relationships can proceed with appropriate controls and informed agreement.

Where the interests cannot be managed with sufficient integrity, the affected activity is restricted, reassigned or declined.

Information received through one professional relationship is used only within its authorised purpose.

Access to confidential information is controlled according to role, necessity and scope.

Information boundaries remain particularly important where Coastlight works with companies, insurers, underwriters, experts or other parties whose interests may differ.

Where a material conflict remains after reasonable management measures, Coastlight provides disclosure in sufficient time and detail to support an informed decision.

Disclosure explains the nature of the conflict, the interest involved, the potential effect and the measures applied.

Disclosure complements effective management and accountable judgement.

Material conflicts are escalated to the appropriate decision level.

At Coastlight, final authority over strategic, reputational, legal, financial, client-facing and irreversible decisions remains with the Managing Partner.

Where independent legal, regulatory or specialist review is appropriate, that requirement remains visible within the decision process.

Material conflict assessments, controls, disclosures and decisions are recorded in a manner proportionate to their significance.

The approach is reviewed when the facts, relationships, incentives, scope or applicable requirements change.

Questions concerning a potential conflict may be directed to Coastlight’s compliance address.

COMPLIANCE

compliance@coastlightglobalrisk.com

Concerns may also be submitted through the Complaints & Dispute Resolution process.

Professional judgement is strongest when relevant interests, incentives and responsibilities remain visible.