Pbassred Posted November 9, 2021 Share Posted November 9, 2021 "With effect from 5th November 2021, MCE Insurance Limited will no longer be placing new business and renewals with the Gibraltar based MCE Insurance Company Limited." Oh boy. This sounds like financial risk management ... or debt crisis management. Quote Link to comment Share on other sites More sharing options...
Stu Posted November 9, 2021 Share Posted November 9, 2021 As of about 5 years ago I no longer took any interest in that shite company after they tried to screw me over So here's hoping they go under 1 1 Quote Link to comment Share on other sites More sharing options...
Joe85 Posted November 9, 2021 Share Posted November 9, 2021 Got the same email, are they going under then? f**king one time i paid up for the year... Quote Link to comment Share on other sites More sharing options...
Fozzie Posted November 10, 2021 Share Posted November 10, 2021 They've allegedly changed to a different underwriter. Not that it makes a difference as I'll never go with them again. As they did screw me over big time. I was with them for 5 years while living in London, and doing 25k miles a year, I got into some scrapes. No fault head on collision when I was 19 when an old man jumped a red light, two bikes stolen, a woman who pulled out on me when I hit a dip in the road and she thought I'd flashed her, and a post van that merged into my lane without seeing me, forcing me onto the wrong side of the road, and then slammed on and went into an instant U-turn as he was staring at a GPS, which sent me cartwheeling down the road. I remember seeing this list on my insurance documents, but when I claimed on the second stolen bike, they claimed I'd not told them about the first. While it was listed on 2 years of insurance documents with them along with everything else, it dropped off in the third year and I didn't spot it when I scanned over the document. They launched an investigation that went badly for them, as my phone recording was pulled up and when asked if I had any claims, I replied "none you don't currently know about", obviously referring to my previous policies with them. They didn't back down, basically saying they couldn't rule out I'd see they'd made the mistake and chose to keep it quiet for a better renewal premium. And while they did back down, they stung me for £2000 to pay off the remainder of the policy, with the price adjusted to reflect the additional claims. *****. 1 Quote Link to comment Share on other sites More sharing options...
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