MCE Insurance Company Limited enters administration

November 2021

The FCA has published an announcement on its website to confirm that MCE Insurance Company Limited (MCE) has entered administration.  MCE is an insurance firm authorised and regulated by the Gibraltar Financial Services Commission (GFSC). The business 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 (MCE UK).

If firms have written any business with MCE, most likely through MCE UK, they may wish to contact MCE UK to ascertain the current position and contact any affected clients.

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