Main providers
The companies that underwrite mortgage insurance can be categorised as follows.
- Insurance companies,
- Bancassurers ,
- Lloyd’s of London,
- Paymentsheild .
The lists below are not exhaustive but they do show some of the major providers.
Insurance companies
Norwich union.
First Assistance.
Sterling Insurance.
Axa Insurance.
GE Financial Insurance.
London General Insurance.
Allianze Cornhill Insurance.
Assurant .
Legal and General.
Bancassurers
These are mortgage protection insurance companies which are each owned by a group whose core business is banking. Some only write their own customers business, whilst others compete in the market place.
Insurer |
Banking Group |
Market |
Barclays Insurance ( Dublin) |
Barclays |
Own Group |
TSB General Insurance |
Lloyds TSB |
Own group and competes |
UK Insurance |
Royal Bank of Scotland |
Own Group |
Halifax Insurance Ireland |
HBOS |
Halifax only |
St Andrews |
HBOS |
Own group and competes |
Hamilton Insurance |
HFC (HSBC) |
Own group and competes |
Lloyd’s of London
Various syndicates can be involved, one of the most significant being Cassidy Davis.