Optio Risk Services Ltd

Reference number: 697455

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When optiogroup.com first appeared online, and whether it can receive email
  • What kind of line 020 3642 8250 is, and the 2 other firms that give it
  • Who else gives the postcode EC3R 7AA
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Other names (1)

If you were contacted under any of these names, it is this firm.

  • Bay Risk Services Ltd Former name

FCA permissions and consumer protection

  • Hold or safeguard your money · Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Sell or arrange insurance FSCS may apply
    Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (4 permissions)
  • Arranging (bringing about) deals in investments
  • Assisting in the administration and performance of a contract of insurance
  • Dealing in investments as agent
  • Making arrangements with a view to transactions in investments

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
09440415
Company status
Active
Company type
Private limited company
Incorporated
16 February 2015 (11 years old)
Registered office
10th Floor, 1 Minster Court, Mincing Lane, London, EC3R 7AA, England
Nature of business
  • Non-life insurance (SIC 65120)
  • Non-life reinsurance (SIC 65202)

Directors and company secretaries

Name Role Born Appointed Other companies
Matthew Kailey Fosh Director Sep 1957 26 Aug 2021 21 other companies
Mark Stephen Mugge Director Oct 1969 10 Nov 2023 247 other companies
Deepak Soni Director Jun 1980 26 Nov 2024 4 other companies
Insiyah Davenport Director Nov 1975 19 Dec 2024 2 other companies
Gary John Head Director Jun 1967 3 Mar 2025 4 other companies
CALLIDUS SECRETARIES LIMITED Corporate secretary Not published 1 Jul 2024 –

Other companies run by these 5 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
265
closed down
161
are FCA-registered
21

In the full report: all 265 companies, named

  • What each company does, and whether it is still trading
  • Which of these 5 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 21 on the FCA register
  • The 8 companies these 5 directors run together
  • All 15 people who have ever been directors, with their dates
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Key dates in its history

Optio Risk Services’s history from the FCA register and Companies House, newest first.

Key events (7) All events (33)

2023

11 April 2023

  • Changed its registered name from "Bay Risk Services Ltd"

FCA register

2021

15 November 2021

  • Cove Program Managers Ltd gave up control
  • Optio Group Limited took control (75–100% of shares)

Companies House

2016

6 April 2016

  • Cove Program Managers Ltd took control (75–100% of shares)

Companies House

2015

8 October 2015

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

16 February 2015

  • Incorporated at Companies House

Companies House

In the full report: all 33 events

  • All 33 events in its history (7 shown here)
  • Every director appointment and resignation: 25
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Firms connected to Optio Risk Services

Other FCA-listed firms that share a director, phone number or address with Optio Risk Services. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
6
share a director
4
share its phone number
2

In the full report: all 6 connected firms, named

  • How each is linked: shared directors (4), the same phone number (2), the same postcode (6)
  • Who links each one: the named directors, with dates
  • 8 past links through former directors
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Firms like Optio Risk Services

Other firms of the same type (insurance broker), nearest first.

In London

Amazon EU S.a.r.l.LondonAuthorisedRevolut Travel LtdLondonAuthorisedSantander Insurance Services UK LimitedLondonAuthorisedAon UK LimitedLondonAuthorisedHartford Underwriting Agency LimitedLondonAuthorisedChubb Underwriting Agencies LimitedLondonAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Optio Risk Services

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 265 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 33 events in its history
  • 6 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Optio Risk Services Ltd FCA authorised?
Yes, Optio Risk Services Ltd (FRN 697455) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since October 2015 and works as an insurance broker. The FCA has placed no limits on its permissions.
What is Optio Risk Services’ phone number and website?
The FCA register lists the phone number 020 3642 8250 and the website optiogroup.com for Optio Risk Services. If you were given different contact details, use these to check with the firm before going any further. The same number is also given by 2 other FCA firms.
Is Optio Risk Services a scam or clone?
Optio Risk Services is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Optio Risk Services?
It is permitted to hold and control client money, which it must keep separate from its own. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Optio Risk Services to the Financial Ombudsman Service, free of charge.
Who owns Optio Risk Services?
Optio Risk Services is owned by Optio Group Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 15 November 2021. Before that, it was controlled by Cove Program Managers Ltd.
Who runs Optio Risk Services?
Companies House lists 5 directors of Optio Risk Services: Matthew Kailey Fosh, Mark Stephen Mugge, Deepak Soni, Insiyah Davenport and Gary John Head.
How long has Optio Risk Services been in business?
The company was formed on 16 February 2015, and has held its current FCA authorisation since October 2015.
Does Optio Risk Services use any other names?
It has previously used the name Bay Risk Services Ltd.

Sources and links

The full report on Optio Risk Services Ltd

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