In the UK
33 sections, about 13,200 wordsFigures Greymill knows, with their sources
- £30,000Most statutory-trust client money an exempt insurance intermediary may hold at any time in the financial year.As of Oct 2026. Source: handbook.fca.org.uk
- £455,000Financial Ombudsman binding award limit from 1 April 2026, for acts or omissions from 1 April 2019.As of Apr 2026. Source: financial-ombudsman.org.uk
- 30 business daysGeneral deadline for an RMAR return under the FCA’s SUP 16.12 reporting rules.As of Oct 2026. Source: handbook.fca.org.uk
Words of the trade it understands
- directly authorised firm
- appointed representative
- Lloyd's broker
- managing agent
- coverholder
- MGA
- binder
- TOBA and risk transfer
In the US
30 sections, about 10,300 wordsWritten for insurance agencies and brokerages in the US.
Figures Greymill knows, with their sources
- $100,000Prior-year nationwide commercial P&C premium a buyer must exceed to be an exempt commercial purchaser.As of Oct 2026. Source: uscode.house.gov
- 3.00%California’s surplus lines premium tax rate, under Insurance Code section 1775.5.As of Oct 2026. Source: leginfo.legislature.ca.gov
- 24 hoursContinuing education hours California generally requires per two-year term, including 3 ethics hours.As of Oct 2026. Source: insurance.ca.gov
Words of the trade it understands
- independent agency
- insurance agency
- insurance brokerage
- insurance broker
- independent insurance agent
- producer and insurance producer
- DRLP
- expirations and book of business
Questions owners ask
Is there an AI for insurance broking?+
Yes. Greymill is an AI team for small businesses that is briefed on insurance broking, written separately for the UK and the US: 33 sections for the UK and 30 for the US, about 23,500 words of reviewed industry knowledge, as of Oct 2026.
Which figures does Greymill know for insurance broking in the UK?+
Most statutory-trust client money an exempt insurance intermediary may hold at any time in the financial year: £30,000 (handbook.fca.org.uk, as of Oct 2026). Financial Ombudsman binding award limit from 1 April 2026, for acts or omissions from 1 April 2019: £455,000 (financial-ombudsman.org.uk, as of Apr 2026). General deadline for an RMAR return under the FCA’s SUP 16.12 reporting rules: 30 business days (handbook.fca.org.uk, as of Oct 2026).
Which figures does Greymill know for insurance broking in the US?+
Prior-year nationwide commercial P&C premium a buyer must exceed to be an exempt commercial purchaser: $100,000 (uscode.house.gov, as of Oct 2026). California’s surplus lines premium tax rate, under Insurance Code section 1775.5: 3.00% (leginfo.legislature.ca.gov, as of Oct 2026). Continuing education hours California generally requires per two-year term, including 3 ethics hours: 24 hours (insurance.ca.gov, as of Oct 2026).
Does Greymill replace my accountant, solicitor or other professional advisers?+
No. Greymill gives you a whole team to think with every day: the numbers modelled, the contract read, the campaign planned, the hire prepared, the filing checklist ready, all before you speak to anyone by the hour. What Greymill produces is software output from the information you give it, so Greymill takes no instruction, owes no professional duty and files nothing unless you send it yourself. Where a matter needs a regulated professional to sign it off, Greymill says so and tells you exactly what to take to them. Customers arrive at their accountant or lawyer with the work done and the questions sharp, which is usually the cheapest hour they will ever buy.
How much does Greymill cost?+
Plans start at £100 a month plus VAT in the UK and $130 a month plus tax in the US. Every plan starts with a 7-day free trial on full Scale access, no card needed.
How Greymill helps
Tell Greymill about your business once. Its sixteen specialists share one memory of it, so the one you ask already knows your trade, your country and your numbers. Connect your books and inbox. Nothing is sent unless you press Send, and your books change only when you press Approve. Greymill files nothing unless you send it yourself and is not a regulated adviser: where a matter needs one, it says so and tells you what to take to them.