We are pleased to share that Acasta European Insurance has been honoured with a Gold Award by market intelligence firm Insurance DataLab for 2024. This recognition highlights our commitment to underwriting and consistent financial performance, setting us apart as one of Gibraltar’s top-performing insurers.
Based on their proprietary formula, Insurance DataLab rated insurers in Gibraltar across three key pillars – combined operating ratio (COR), three-year aggregate COR, and improvement in the COR over the last 12 months. Our team achieved an impressive underwriting rating of 72%, a testament their dedication to underwriting success and maintaining strong financial stability in such a competitive market.
As part of a Gibraltar-based market whose licensees account for key products in the UK market, we are positioned within an industry that is now outperforming our UK-regulated counterparts. This growth highlights Gibraltar’s dynamic insurance landscape, and we are proud to contribute to this collective success.
At Acasta European Insurance, this award reflects our unwavering commitment to excellence in providing tailored insurance schemes for our customers. As we revamp and enhance products to meet our customers’ evolving needs, we prioritise fair value and proactive adaptation to regulatory changes. Partnering with us offers assurance in our client-centric approach to insurance, and we look forward to building on this continued success.
Our underwriting team is of your assistance to provide information on our industry-leading insurance solutions. Contact us to learn more about our Gold Award-winning underwriting services and discover how we can support you and your customers.
