Building Guarantee Transfer

Building Guarantee Transfer

Zurich Insurance plc (we, Zurich, us, our) is proposing to transfer part of our general insurance business comprised of our UK Building Guarantee policies (the Policies) to East West Insurance Company Limited (the Transfer).

East West Insurance Company Limited is a UK authorised insurance company which is part of the Armour Group. The Armour Group is a group of companies which operates within the international insurance and reinsurance sectors. It includes licensed insurers and reinsurers as well as specialised service companies.

The Transfer will be carried out by an Irish High Court (the Court) process used to transfer insurance businesses. This is because Zurich is a public limited company incorporated in Ireland which conducts business in the United Kingdom through a branch registered in England and Wales. As a result, the Irish courts are responsible for deciding whether to approve the Transfer.

The Court hearing to approve the Transfer is scheduled to take place at the Irish High Court, Four Courts, Dublin 7, Ireland on 14 March 2018. If approved by the Court, the Transfer will take place on 31 March 2018, or such other date as the Court may determine (the Transfer Date).

The aim of this website is to provide information and help answer any questions about the impact of the Transfer and the Transfer process. You can find documents relating to the Transfer in the Transfer document library.

We will update this web page as soon as possible if and when any changes occur in relation to the Transfer to keep you up to date with developments, so please check this web page regularly.

If you are aware of anyone else who has an interest in, or is entitled to benefits under your Policy, please ensure they are also given the opportunity to review the documents on this website.

UPDATE

The Court approved the Transfer at the hearing on 14 March 2018 and the Transfer will take place on 31 March 2018.

Any matters relating to the UK Building Guarantee portfolio (including but not limited to new or existing claims) should be directed to Armour Risk Management Limited using the following contact details:

Customer Support Team
03334 000 393

Claims Team
03334 000 393

Email: buildingguarantee@armourrisk.com

Postal address:
UK Building Guarantee Team 
Armour Risk Management Ltd 
20 Old Broad Street 
London 
EC2N 1DP

Transfer document library