Originally established in London over 40 years ago we operate as one global team across three regional hubs in London, Shanghai, and Dubai. The name MECO is derived from Michael Else and Company Ltd.
Michael Else, who went to sea as a deck cadet and came ashore with a Master’s ticket in 1969, was instrumental in helping to found the company in 1974 with the creation of Transmarine, which is one of The MECO Group’s core brands.
The MECO Group is owned by key members of the current management team, which took ownership of the business in 2007. Our ethos is that of a professionally run and privately controlled company, whose interests are directly aligned with those of our clients, staff, and suppliers.
The MECO Group is an insurance Managing General Agent (‘MGA’) approved and regulated by the UK Financial Conduct Authority, BaFin in Germany and DIFC in the UAE. It owns and manages the Group’s four marine insurance brands as an Underwriting Agent and in 2024 will be celebrating its 5th decade in the marine insurance sector.
All clients benefit from innovative insurances with first-rate security and the commitment of a highly experienced team focused on helping them to identify and manage risk more effectively. We have a dedicated team of professionals in Claims, Underwriting, Finance, IT and Compliance.
Worldwide other than EEA
All policies and certificates of insurance other than the EEA domiciled risks, are issued on behalf the Underwriters to the policyholders by Michael Else and Company Limited which is regulated and authorised by the Financial Conduct Authority (FRN: 312264).
For risks domiciled in EEA Countries, policies and certificates of insurance incepting on or after the 1st July 2023 have been issued on behalf of the Underwriters by the groups German subsidiary The MECO Group (EEA) GmbH. This company is authorised and regulated by the German Federal Financial Supervisory Authority, BaFin (registration number D-67D1-2T084-01).
For risks domiciled in EEA Countries with an inception date between 1st January 2021 and 30th June 2023 the policies were issued on behalf the Underwriters by JMM Insurance (Ireland) Ltd, a company that is regulated by Central Bank of Ireland (registration no C176263) and worked in co-operation with MECO post Brexit.
Further details can be obtained by contacting the managers.