British Insurance Services
British Insurance Services is an insurance provider based in Southport, Merseyside, offering payment protection insurance and home insurance in Nursing insurance supplier primarily based in Southport, Merseyside, providing payment protection insurance and residential insurance. The company is Associate in Nursing online-only insurance supplier that sells its policies severally of loan suppliers. It is a subsidiary of Towergate Underwriting cluster restricted and had gross written premiums of around £12 million as of 2012
The company was set up in 2003 by husband and wife Simon and Sara Burgess, under the name Burgesses. It changed its name to British Insurance in 2005, after gaining permission from the then Secretary of State for Industry to use the word ‘British’ in the company title.
In 2006 the corporate was according to be insuring 3 sisters from Inverness, Scotland,
against the likelihood of a virgin birth.
It had provided a £1 million policy to hide the value of child-raising within the event of 1 of them biological process to the Second Advent of Christ. The company told BBC News on-line that it had been donating the premiums of £100 per annum to charity. It withdrew the policy in 2006 following complaints;
Burgess aforesaid that the Christian church was
“up in arms regarding what we’ve been doing” the corporate conjointly insured a soccer fan for £1 million against suffering severe mental trauma if European country were knocked out of the 2006 tournament untimely.
British Insurance was nonheritable by Towergate in 2008 for Associate in Nursing calculable £25 million. Existing employees, including the founders, were retained as part of the deal. Simon Burgess continued as managing director until 2010. Following his departure, Nel Mooy was appointed as managing director.
British Insurance Services
In 2013, the business was transferred inside the Towergate cluster and is currently a commercialism kind of Southport-based financial gain protection and home insurance supplier Paymentshield restricted.
The company’s awards include:
The Money Awards: Outstanding Achievement Award.
Personal Finance: Outstanding Online Insurance Provider.
Mortgage Finance Gazette: Best Overall Insurance supplier and Ambassador Award
Mortgage Finance Gazette:
Excellence in Treating Customers Fairly (financial service product supplier category)
Investment International: Best Mortgage Payment Protection Insurance Provider
What Mortgage: Best Online Insurance Provider
Investment International: Best Overall Insurance Provider
Global Business Excellence: Outstanding Consumer Champion (Simon Burgess)