General & Medical Insurance Ltd was formed in 2006 and is based in Guernsey in The Channel Islands. It was initially established to underwrite the UK medical risk for the General & Medical Group, however since then it has grown and developed under the guidance and direction of a highly experienced board of directors, and we have increasingly underwritten other types of risk through the insurance company.
Guernsey has a long established Financial Sector, the high levels of expertise available in all areas of general insurance is an important factor in enabling General & Medical to develop and grow its Commercial Insurance business.
Our main classes of insurance include:
- Individual & family health insurance
- Corporate and large group insurance
- Sports health insurance
- Aggregate stop-loss insurance
- Individual claim stop loss insurance
- Personal accident insurance
- Underwriting Services
Guernsey Financial Services Commission (GFSC) located at Glategny Court, St Peter Port, Guernsey are the regulators for General & Medical Insurance Ltd. They are a robust regulator with a reputation for a flexible, pragmatic approach to regulation.
Clients have access to Channel Islands Financial Ombudsman (CIFO) based in Jersey. CIFO is the trusted independent dispute-resolution service for unresolved complaints involving financial services provided in or from the Channel Islands of Jersey, Guernsey, Alderney and Sark.
For stability and growth
In addition to prudent underwriting of risk on a daily basis, we at General & Medical have taken the view that the company investments should be carefully considered to provide solid and secure capital growth with good dividend returns, to help towards long term stability and growth for General & Medical Insurance and the General & Medical Group as a whole.
General & Medical Insurance Ltd investments include The Channel Islands Property Fund which invests in Grade A office buildings with Blue Chip Legal and Financial Institutions and Government tenants. Property includes; prime property in St Peter Port in Guernsey, St Hellier in Jersey and prime properties on the Isle of Man.
General & Medical Insurance Ltd are members of the Guernsey International Insurance Association (GIIA).
Visit our website to find out more about General & Medical Insurance Ltd - https://www.generalandmedical.gg/