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Enterprise Insurance PLC

25 July 2016

We have been advised that Enterprise Insurance PLC has been declared insolvent and instructed by the Gibraltar Financial Services Commission (GFSC) to “immediately cease effecting new contracts of insurance”.

The GFSC statement declares that Enterprise is no longer authorised to issue any new insurance policies.

  • We are awaiting  clarification from the regulator as to how we should proceed with the servicing of existing policies but have been advised at this time all policies remain in force.
  • Midas can no longer accept any New Business and we are unable to make any alterations to existing policies on the Performance and Classic Car schemes in the interim.

Further information can be found at the following links:

We very much regret this unfortunate situation and will keep you advised of any developments as they arise.