MCE Insurance parent company falls into administration

[Admin]

When it comes to motorcycle insurance MCE were a big name. Former BSB title sponsors, with the blocked that walked around with a big head, can’t remember his name. Unfortunately, MCE UK’s parent company based out of Gibraltar operating under a freedom of services basis, to UK customers, have filed for administration. Policies were sold… Read More »MCE Insurance parent company falls into administration

The post MCE Insurance parent company falls into administration appeared first on RideWithPeaks.

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[GS1000]

You have this backwards MCE Insurance - the broker in Northamptonshire - set up MCE - the insurance company in Gibraltar - (same names - but separate and different companies ) to insure the policies they sold - MCE (insurer )  insured policies sold by MCE in U.K. so to joe on the street they could be seen as the same outfit? - the insurer has closed because it ran out of money due to claims - expect issues re it’s running when the stones are turned over - MCE in England has moved its business to a new insurance provider Sabre Insurance and will carry on “as normal” anyone with an existing MCE Insurance policy and a live claim is now reliant on the fscs compensation scheme - if you have a MCE Insurance policy still running expect it to be cancelled soon

[onesea]

On 23/11/2021 at 09:21, GS1000 said:

if you have a MCE Insurance policy still running expect it to be cancelled soon

Well your right, it's not me but my 17 yo nephew, on his first years insurance...

 

6 months no claims vanished

 

Will he have to state for ever he's had insurance cancelled??

 

"Your Policy is Ending on

31/01/2022

Dear John (name changed)

 

Green Realisations 123 Limited (formerly MCE Insurance Company Limited) (In Administration) (“the Company”)

 

This communication is provided to you by the Joint Administrators of the Company and contains important information which affects your insurance policy. 

 

Andrew Stoneman and Geoffrey Bouchier of Kroll were appointed Joint Administrators of the Company on 19 November 2021 by Order of the Supreme Court of Gibraltar. Both are licensed to act as Insolvency Practitioners. Andrew Stoneman is licensed in Gibraltar while Geoffrey Bouchier is licensed in England and Wales." Etc

[Bender]

As its not an individual Instance of insurance being withdrawn shouldn't be a problem, just go with there new company they can't say they didn't know 

[fullscreenaging]

On 22/11/2021 at 21:04, Admin said:

When it comes to motorcycle insurance MCE were a big name. Former BSB title sponsors, with the blocked that walked around with a big head, can’t remember his name.

Is Admin a bot?

 

Whoever wrote the article should do some more research

 

If they can’t even spell bloke and can’t remember that the characters name was BIG ‘ED then I wouldn’t trust the rest of the article. 

[Stu]

24 minutes ago, fullscreenaging said:

Is Admin a bot?

 

Whoever wrote the article should do some more research

 

If they can’t even spell bloke and can’t remember that the characters name was BIG ‘ED then I wouldn’t trust the rest of the article. 

 

Auto correct can easily mess things up as we all know and they might have written that fairly quickly to get the info out here! lets not judge everything  

 

And no admin is not a bot its used to pull RSS feeds from other websites to bring info here 

 

There is links on each post to the original content 

[bonio]

The original article is here: https://ridewithpeaks.com/mce-insurance-parent-company-falls-into-administration/ written by a lad called Alex. He's not a journo, he's just writing stuff he's interested in - it's his hobby; he's probably got a real job somewhere as a brain surgeon or something.

Here's his "About us" page https://ridewithpeaks.com/about-ridewithpeaks/. 

 

[Stu]

30 minutes ago, bonio said:

The original article is here: https://ridewithpeaks.com/mce-insurance-parent-company-falls-into-administration/ written by a lad called Alex. He's not a journo, he's just writing stuff he's interested in - it's his hobby; he's probably got a real job somewhere as a brain surgeon or something.

Here's his "About us" page https://ridewithpeaks.com/about-ridewithpeaks/. 

 

 

he is also a member @Ridewithpeaks 

[bonio]

So @Ridewithpeaks...

are you really a brain surgeon?

[Bender]

1 hour ago, bonio said:

So @Ridewithpeaks...

are you really a brain surgeon?

I thought we already had enough pedants..? 

 

God knows I've enough speeling errors to cast no stones  

[Ridewithpeaks]

On 12/01/2022 at 17:23, bonio said:

So @Ridewithpeaks...

are you really a brain surgeon?

Only just seen this, unfortunately not, closer to needing a brain surgeon than being one.
Trying to write articles singlehandedly whilst working a demanding full time job, there may be a typo or two, thanks for pointing it out, I'll change it. Thanks for reading though! 

[DR1]

They were discussing it on You and Yours on Radio 4 this lunchtime.