Gibraltar insurer which sold in UK and Ireland enters administration

Mark Battersby
clock • 2 min read

The Gibraltar Financial Services Commission has announced that MCE Insurance Company Limited has entered into administration. MCE Insurance Company Limited is an insurance firm authorised and regulated by the Gibraltar Financial Services Commission (GFSC). The UK's Financial Conduct Authority also issued a statement on 22 November that it operated in the UK on a freedom of services basis which means customers based in the UK may hold policies with the firm. Policies were sold in the UK through their UK based broker, MCE Insurance Ltd. On 19 November 2021, following an applicatio...

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