Policies Purchased before 2020
Mapfre underwrites your policy. They are one of the top 10 insurance underwriters in Europe and have over 29 million customers worldwide. Formed in 1933, Spanish company Mapfre has ever increased its influence on the global insurance market and has a worldwide reputation. Financially 'A-rated' and with reported company assets of over €50 billion, you can have the peace of mind insurance deserves, with policies underwritten by Mapfre.
In January 2020, Mapfre withdrew from the Uk gap Insurance market. Whilst your policy is still live and ready to assist you should you ever need to make a claim, Mapfre is not accepting any new Gap insurance policies.
Policies Purchased after Jan 2020
Your policy is underwritten by Novus Underwriting Limited on behalf of Helvetia Schweizerische Versicherungsgesellschaft in Liechtenstein AG.
Part of the Helvetia Group originally founded in 1858 they are a Financially "A" rated provider with green credentials, having planted over 240,000 trees and only using renewable energy.
In our opinion, they have not only the longevity but also the experience and financial resilience to be a Swiss force to be reckoned with. The Financial Conduct Authority regulates them. The Financial Services Compensation Scheme also backs your policy.