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Statement on MCE Insurance Company Limited

22 Nov 21

MCE Insurance Company Limited (“the company”), was licensed on 25 November 2013 under the Financial Services (Insurance Companies) Act 1987 and latterly the Financial Services Act 2019 and was authorised to write the following classes of insurance business: 

  • 3  Land vehicles
  • 10 Motor vehicle liability
  • 18 Assistance (Commenced 6 March 2018)

The company was authorised to carry out services in the United Kingdom and the Republic of Ireland.

Following an application for administration to the Supreme Court of Gibraltar on 19 November 2021, Andrew Stoneman and Geoff Bouchier of Kroll (Gibraltar) Limited have been appointed as joint administrators of the company. 

Existing policies will continue to be administered by MCE Insurance Limited and further information can be found on the administrator’s press release here