Compare My Insurance Ltd is a commercial insurance broker that provides SME insurance solutions for your business needs.
We launched in 2008, and since then we have been a thriving business in the UK SME market.
We have developed valued relationships and partnerships with the UK’s leading insurers to make sure our clients are receiving the most competitive premiums with correct cover levels tailored to each client’s business needs.
Our mission statement
“To always exceed customer expectations by providing excellent service combined with the most competitive rates and comprehensive cover levels – putting clients at the heart of our business.”
Compare My Insurance is a trusted member of the British Insurance Brokers’ Association (BIBA)
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Covid-19 (Coronavirus) update for existing clients
Dear Valued Customers,
The judgment today (15th Jan 2021) in the Supreme Court on the Financial Conduct Authority’s business interruption test case substantially allowed the FCA’s appeals and dismissed the insurers appeals. This is good news for those of our business insurance customers who have an unspecified diseases extension on their policy..
The judgment brings clarity for many of our customers who have been waiting to find our if their claims will be paid.
The Association of British Insurers has indicated that: “Customers who have made claims that are affected by the test case will be contacted by their insurer to discuss what the judgment means for their claim. All valid claims will be settled as soon as possible and in many cases the process of settling claims has begun.”
The judgment is detailed and we are working with industry bodies to better understand the full impact of the judgement. We will of course issue further information about what the ruling means for our customers in the coming weeks.
The team at Compare Insurance is on hand to assist you as far as we can with this, however, we would point out that we do not yet have any timescales for how long it will take insurers to review each claim. Therefore, your continued patience is greatly appreciated.
Compare Insurance Ltd
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