AM Best

Premier Insurance Company Limited is rated by AM Best for Financial Strength purposes as B++ “Good” with a “Stable” outlook (September 2020). AM Best is a leading credit rating agency that specialises in analysing insurance companies and this assessment of Premier is an independent external affirmation of the company’s Balance Sheet strength.

The Basics

Premier Insurance Company Limited is authorised by the Gibraltar Financial Services Commission and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Premier's registered address is First Floor, Majestic Ocean Plaza, Ocean Village, Gibraltar. You can find us on the Gibraltar Financial Services Commission Register here and the Registered Number is 100875. Premier is a member of the Financial Services Compensation Scheme and Financial Ombudsman Service, so customers have the same protection as any UK based insurance company.

Where does Premier fit in

Premier provides capacity to our associated company Premier Underwriting Limited who use it to design and price its own products. These are then distributed through a network of carefully selected intermediaries from which customers make their purchase either directly or via Price Comparison websites.

Further information regarding Premier Insurance can be found in the Group’s Solvency and Financial Condition Reports (SFCR):

The Directors

Paul Gray

Chief Executive Officer

Paul has been the owner and Managing Director of Premier Underwriting since its inception in 1999, prior to that he held senior underwriting positions at several major insurers. Following the success of Premier Underwriting Limited, Paul went on to conceive and create Premier Insurance Company Limited in 2008. It is a wholly owned insurer based in Gibraltar, which writes Personal Lines business.

Steve Quinn

Managing Director

Steve has worked in financial services for over 30 years and from 2004 was the Founder and Managing Director of the out-sourced specialist insurance company management firm, Artex Gibraltar (formerly Quest Group in Gibraltar). In addition to this he has held several other insurance company directorships in Gibraltar and Malta throughout that period of time. Steve joined Premier on a full time basis in March 2019 having previously held directorship positions within the Premier Group in Gibraltar since its formation in 2008.

Liz Quinn

Finance Director

Liz is a Chartered Accountant and has worked in financial services for over 30 years, with the last 15 years being in the insurance industry. She has served as a director of several insurance companies in Gibraltar and joined the Premier Board in March 2019. Liz has been involved with both the financial and risk management oversight of Premier throughout the time that it has traded.

Mike Christophers

Non-Executive Director

Mike is currently a Non-Executive Director for four insurers having held that role with various companies in the Insurance sector since retiring from KPMG in 1997 and has previously been the chair of the Audit Committee of Scottish Widows. At KPMG he led the development of a strong Actuarial and Management Consultancy team with the major UK banks and Insurance companies as clients. The team also worked with the EU and The World Bank on reformation of insurance industries in Central Europe and North Africa. Prior to KPMG Mike held senior executive positions as an Actuary and Managing Director in UK Insurers.

Bruce Graham

Non-Executive Director

Bruce has an insurance accounting background stretching back over many years. He was previously Finance Director and Managing Director for several Lloyd’s Managing Agencies and Lloyd’s Brokers before taking full-time employment retirement. He joined the Premier Board on 1st January 2020.