Safe World Insurance Group International | Insurance Backed Guarantees

Safe World Insurance Group International

Announcement

Due to the Coronavirus and following government advice, most of our team are now working remotely. We will endeavour to maintain our normal service, but we appreciate your patience during this uncertain period.

If you are sending any correspondence to us, we would ask that you send this via email, rather than post to avoid any delays with the postal service, or our ability to access post.

Stay safe and best wishes

Safe World Insurance Group

About Us

Safe World Insurance Group International Limited is a provider of specialist Insurance Backed Guarantees for the home improvement market, providing valuable protection for both domestic consumers and commercial businesses.

Unlike many mainstream insurers, we pride ourselves on developing unique insurance products, rather than off-the-shelf insurance, with emphasis on well researched and good value-for-money products.

Our Underwriting experts are able to assess and tailor new insurance product proposals quickly and competitively.

We are proud to be the supplier of insurance services to, and work with a number of recognised UK Consumer Protection organisations. These organisations offer true consumer protection to UK consumers.

Guernsey Financial Services Commission

Safe World Insurance Group International Limited is regulated by the Guernsey Financial Services Commission (GFSC). Guernsey is home to over 800 licensed insurers and has become the established European Centre for managed insurance companies. Guernsey’s infrastructure and regulatory regime is specifically geared towards specialist and niche insurers with internationally mandated capital requirements, a robust but pragmatic and accessible regulator and an excellent track record of successful insurance companies stretching back to 1922 when the world’s first captive, the Commercial Insurance Corporation, was formed in Guernsey.

The insurance industry is governed by the Insurance Business (Bailiwick of Guernsey) Law, 2002 and the capital adequacy requirements are set out in the Insurance Business (Solvency) Rules, 2015. As Guernsey is outside the EEA, its capital adequacy rules derive directly from the Insurance Core Principles of the International Association of Insurance Supervisors – which represents insurance regulators and supervisors of more than 200 jurisdictions in nearly 140 countries. The EEA’s Directive (2009/138/EC) and (2014/51/EU) – known colloquially as ‘Solvency II’ derive from the same set of rules.

The GFSC regulates insurers on a conduct basis, monitoring compliance with the corporate governance code and any applicable codes of conduct as well as monitoring adherence to the solvency requirements. In addition to regulation by the GFSC, Guernsey insurers are also subject to the jurisdiction of the Channel Islands Financial Ombudsman (www.ci-fo.org) who will consider complaints against insurers from eligible complainants – recognised as equivalent to the UK Financial Ombudsman Scheme through the International Network of Financial Services Ombudsman Schemes. For more information about the GFSC, please click this link to be navigated to their website.

Careers

Safe World Insurance Group International Limited has ambitious plans for the future and we need the right people to help us achieve them.

Whilst we value experience, we don’t just look at what you can currently do, but what you are capable of doing. We look for people who are passionate, responsible and spirited with the drive to delight our customers by giving them the best possible experience.

If you are able to demonstrate that you live and breathe these values, and are successful at securing a role at Safe World Insurance Group International Limited, you will be welcomed and valued as part of our team.

If you feel you have what it takes to join our company, we would love to hear from you. Please email us at info@safeworldinsurance.com and tell us about yourself.

Contact Us

Safe World Insurance Group International Limited

Town Mills
Rue du Pré
St Peter Port
Guernsey
GY1 6DU

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