The security that Mercury offers consists of three components:
The security of Lloyd’s
Lloyd’s of London / Lloyd’s Insurance Company S.A. is the world’s specialist insurance and reinsurance market. With expertise earned over centuries, Lloyd’s is the foundation of the insurance industry and the future of it. Led by expert underwriters and brokers who cover more than 200 territories, the Lloyd’s market develops the essential, complex and critical insurance needed to underwrite human progress.
Backed by diverse global capital and excellent financial ratings, Lloyd’s works with a global network to grow the insured world – building resilience for businesses and local communities and strengthening economic growth around the world.
The security of the syndicate insurers
All Mercury insurances are transferred via Lloyd’s to three international parties, Lloyd’s syndicates:
- Axis , a specialist British insurer within Lloyd’s;
- Ascot , owned by CPP Investments, a global investment management organization that invests the assets of the Canada Pension Plan.;
- Antares, a specialist insurer within Lloyd’s and part of one of the largest insurers in the Middle East, Qatar lnsurance Company.
This way you are always optimally insured.
The security of decades of professional knowledge
Although Mercury is a new player on the credit insurance market, the Mercury team has decades of extensive expertise and years of experience in the national and international insurance world. This enables Mercury to find an appropriate answer to every credit insurance demand.
Brexit Transfer – Lloyd’s
Lloyd’s has completed a Part VII Portfolio Transfer of EEA insurance policies to Lloyd’s Brussels (“the Transfer”), effective 31st December 2020. The Transfer has not changed terms and conditions of any policy, except that Lloyd’s Brussels has become the insurer and Data Controller in respect of the transferred policies.
Further information about the Transfer (including whether it could affect your pre-transfer position), which policies have been transferred, your rights and what you need to do can be found at lloyds.com/brexittransfer.