Petitions to Transfer Business
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- Notice category:
- Companies & Financial Regulation
- Notice type:
- Petitions to Transfer Business
- Publication date:
- Edition:
- The Edinburgh Gazette
- Notice ID:
- 4988584
- Notice code:
- 2614
- Issue number:
- 29190
- Page number:
- 1990
IN THE HIGH COURT OF JUSTICE
BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES
COMPANIES COURT (ChD)
CR-2025-003706
IN THE MATTER OF U K INSURANCE LIMITED
- and -
IN THE MATTER OF INTACT INSURANCE UK LIMITED
- and -
IN THE MATTER OF PART VII OF THE FINANCIAL SERVICES AND MARKETS ACT 2000
NOTICE IS HEREBY GIVEN that on 08 October 2025 U K Insurance Limited (“UKI”) and Intact Insurance UK Limited (“IIUK”) applied to the High Court of Justice of England and Wales (the “Court”), pursuant to section 107(1) of the Financial Services and Markets Act 2000 (the “Act”), for an Order under section 111(1) of the Act sanctioning an insurance business transfer scheme (the “Scheme”) for the transfer to IIUK of certain general insurance business carried on by UKI (the “Transferring Business”) and for the making of ancillary orders in connection with the implementation of the Scheme under sections 112 and 112A of the Act.
The Transferring Business comprises insurance policies written by UKI under the “NIG” and “Farmweb” brands and certain broker brands (including relevant distribution agreements and reinsurance agreements covering the Transferring Business).
If the Scheme is sanctioned by the Court, it will result in the transfer to IIUK of all the contracts, property, assets and liabilities comprising the Transferring Business notwithstanding that a person would otherwise be entitled to terminate, modify, acquire or claim an interest or right or to treat an interest or right as terminated or modified in respect thereof. Any such entitlement will only be enforceable to the extent the order of the Court makes provision to that effect. Accordingly, unless otherwise provided for in the Scheme, payments in respect of the policies comprising the Transferring Business shall, upon the transfer becoming effective, be dealt with by IIUK. If you are in any doubt as to whether your insurance policy is included in the proposed transfer, please contact UKI using the contact details below.
Copies of the report on the terms of the Scheme prepared by an Independent Expert in accordance with section 109 of the Act (the “Independent Expert’s Report”), sample copies of the letters sent to policyholders, a statement setting out the terms of the Scheme and a summary of the Independent Expert’s Report, and copies of the Scheme document itself can be obtained from https://u-k-insurance.co.uk/nig/part-vii-information.html - Copies of any of these documents can also be requested free of charge by contacting UKI using the telephone number, address or email address set out below from the date of publication of this notice until the date on which the application is heard by the Court. These documents, other documents relating to the Scheme (including a Frequently Asked Questions document) and any further news about the Scheme will be posted on this website, which can be checked for updates.
Any questions or concerns relating to the proposed transfer should be referred to UKI using the following telephone number, email or postal address:
Transferor contact details
By post: Part VII Mailbox, Bromley Processing Centre, Churchill Court, Westmoreland Road, Kent, BR1 1DP
By email: queries@partvii.uk-insurance.co.uk
UKI telephone: 03452 460379 when calling from the United Kingdom and +44 3452 460379 when calling from abroad (Monday to Friday, 09:00 – 17:00)
The application is due to be heard at 7 Rolls Building, Fetter Lane, London, EC4A 1NL on 25 February 2026. If approved by the Court, it is currently proposed that the Scheme will take effect at 00:01 (London time) on 1 April 2026.
Any person who thinks that they would be adversely affected by the carrying out of the Scheme has a right to attend the hearing and express their views either in person or through a legal representative.
Any person intending to attend is requested (but is not obliged) to give notice of such intention as soon as possible and preferably at least five business days before the hearing on 25 February 2026, setting out their grounds of objection to UKI by calling the above number or by writing to the address above or to the solicitors named below.
Any person who thinks that they would be adversely affected by the Scheme but does not intend to attend the hearing may also make representations about the Scheme by giving notice of such representations, as soon as possible and preferably at least five business days before the hearing on 25 February 2026, by calling the above number or by writing to the address above or to the solicitors named below.
DATED 27 OCTOBER 2025
Allen Overy Shearman Sterling LLP
One Bishops Square, London, E1 6AD
Ref: 0104513-0000061
Solicitors to UKI