EMI option in Insurance industry

I am contemplating an EMI Share Option scheme for a new business, but note that there is an exclusion for Insurance companies.

The business is to be a "Managing General Agent" which is involved in administering and marketing insurance products on behalf of Insurance companies, but not actually taking insurance risks itself.  Does anyone have any experience of how wide the exclusion is drawn?  Does it apply to businesses that are, in effect, service suppliers to insurance companies?

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Speak to the ESSU

Russell Eisen |
Russell Eisen's picture

Thanks Russell, that's been

Fitzz |