Introducing our Partners..
Compass Underwriting Ltd
MyRecoveryCheque administration services are provided by Compass Underwriting Limited. Compass is a leading independent underwriting agency that develops, underwrites and administers insurance schemes for intermediaries and insurers. Compass is also a specialist product designer, on behalf of various FSA &/or EU approved insurers for a wide range of insurance products including:
Medical Expenses Insurance
Personal Accident and Sickness
Compass is authorised and regulated by the Financial Services Authority under Company Reference 304908 and is also a member of the British Insurance Brokers Association and the Managing General Agents' Association.
MyRecoveryCheque is insured and underwritten by certain underwriters at Lloyd's. Lloyd's currently enjoys an A rating from A.M. Best and A+ ratings from Fitch Ratings and Standard & Poor's. All Lloyd's syndicates benefit from Lloyd's central resources, including the Lloyd's brand, its network of global licences and the Central Fund.
The Central Fund is available at the discretion of the Council of Lloyd's to meet any valid claim that cannot be met by the resources of any member. As all Lloyd's policies are ultimately backed by this common security, a single market rating can be applied to all syndicates post-1992.
All Lloyd’s syndicates benefit from Lloyd’s central resources, including the Lloyd’s brand, its network of global licences and the Central Fund. As all Lloyd’s policies are ultimately backed by this common security, a single market rating can be applied.
The Lloyd’s financial strength ratings apply to every policy issued by every syndicate at Lloyd’s since 1993.