Basics

Insurers

Under the laws of the Bailiwick of Guernsey, any insurer conducting insurance business, that is the sale of insurance products in or from the Bailiwick, is required to be licensed by the Commission. Once licensed, these insurers are supervised by the Commission on an ongoing basis.

If you would like to find out more about all the insurers licensed by the Commission, please visit our Insurance Regulated Entities page

Recognised Insurers

The Bailiwick also allows certain overseas insurers to accept insurance risks within the Bailiwick. The Commission publishes a list of jurisdictions and any insurer regulated within that jurisdiction may write Bailiwick risks.

An insurer outside of those jurisdictions must apply to the Commission to be a recognised insurer. If you wish to check whether an insurer is recognised, please contact the Banking and Insurance Supervision and Policy Division at the Commission.

Insurance Intermediaries

The sale of insurance products may also be carried out through insurance intermediaries, commonly referred to as insurance brokers. Such insurance intermediaries are equally required to be licensed by the Commission. They are able to offer advice on the best insurance product to suit the client’s requirements.

If you would like to find out more about all the insurance intermediaries licensed by the Commission, please visit our Insurance Regulated Entities page

Bogus Financial Institutions

The Commission keeps a list of entities falsely claiming to have offices in Guernsey or that they are licensed by the Commission. The list may not include all firms that you should be cautious of, but it is a good starting point.