So .. is mce in administration? Have I missed the obvious news?
I ask coz I just took out a new policy for my 250Rally with mce, including breakdown cover and national recovery?
Surely it wouldn't be allowed to advertised? and take my £31 first monthly payment?
Should I cancel? .. how long ago did it go into administration? .. November 21? January 22?
Money Saving Expert says OK, and mce will still pay out? Others are panicking????
MCE ?
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Re: MCE ?
This from the FCA says they stopped taking out new policies last year:
https://www.fca.org.uk/news/news-storie ... nistration
https://www.fca.org.uk/news/news-storie ... nistration
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Re: MCE ?
There are 2 MCE’s …look at the one you have insurance with, the clue will be in the registered addressesgaryboy wrote:So .. is mce in administration? Have I missed the obvious news?
I ask coz I just took out a new policy for my 250Rally with mce, including breakdown cover and national recovery?
Surely it wouldn't be allowed to advertised? and take my £31 first monthly payment?
Should I cancel? .. how long ago did it go into administration? .. November 21? January 22?
Money Saving Expert says OK, and mce will still pay out? Others are panicking????
You want the uk one
We buy things we don't need
With money we don't have
To impress people we don't even like
With money we don't have
To impress people we don't even like
Re: MCE ?
I`m insured with MCE registered address Gibraltar but authorised by UK financial conduct authority!
I know they have gone into administration but email last night my insurance ends on 31/1/22 ! 2 months early on my policy
I know they have gone into administration but email last night my insurance ends on 31/1/22 ! 2 months early on my policy
Re: MCE ?
If your policy was taken out on or after 9 November 2021:
Any new policies taken out with MCE's brokering arm are underwritten by Sabre Insurance Group and not by the MCE insurance arm. This means you're not affected by the insurance arm going into administration and you'll continue to be covered. In this scenario you can make any policy changes or claims by contacting Sabre. All the details for how to get in contact about a claim or policy change are available on its website.
Any new policies taken out with MCE's brokering arm are underwritten by Sabre Insurance Group and not by the MCE insurance arm. This means you're not affected by the insurance arm going into administration and you'll continue to be covered. In this scenario you can make any policy changes or claims by contacting Sabre. All the details for how to get in contact about a claim or policy change are available on its website.