Beacon is licenced and regulated by the Gibraltar Financial Services Commission.
The company is authorised to write business in the following classes:
Motor vehicle liability
Railway rolling stock (reinsurance only)
Aircraft (reinsurance only)
Ships (reinsurance only)
Goods in transit (reinsurance only)
Fire and natural forces (reinsurance only)
Damage to property (reinsurance only)
Aircraft liability (reinsurance only)
Liability for ships (reinsurance only)
General liability (reinsurance only).
Beacon has permission to write motor insurance in the United Kingdom, Ireland and France on a freedom of services basis.
UK policy holders will also benefit from registration with the Financial Services Compensation Scheme giving UK policy holders protection. Clients with UK Motor Policies will also have access to the services of the Motor Insurance Bureau (MIBI) if they are involved in an accident with an uninsured or untraceable driver. Clients with Irish Motor Policies will also have access to the services of the Motor Insurance Bureau (MIBI) if they are involved in an accident with an uninsured or untraceable driver.
New Partners welcome
We always welcome the chance to review new opportunities, so if you are interested in becoming part of our wider team then do not hesitate to contact us. We are confident that our bespoke service, diverse underwriting skills and can do attitude will provide you with the opportunities you need for your business.