Elite Insurance

What Elite Insurance does

Elite Insurance Company Limited is a Gibraltar-domiciled private insurance company whose registered office is located c/o PricewaterhouseCoopers Limited, 327 Main St, GX11 1AA, Gibraltar. The entity was authorised and regulated by the Gibraltar Financial Services Commission and operated within the Gibraltar market, with no global footprint claim and no disclosed subsidiaries, parent company, or DBAs. No products, services, customer segments, pricing models, distribution channels, partnerships, or technology stack are documented in the available source material.

The company is not currently operating as a going concern. Edgar Lavarello of PricewaterhouseCoopers Limited Gibraltar and Dan Schwarzmann of PricewaterhouseCoopers LLP were appointed as joint administrators by the Supreme Court of Gibraltar to manage the affairs, business, and property of the company. The corporate website has been replaced by an administrator notice directing visitors to the PwC handling page at pwc.co.uk/elite-insurance. Revenue, headcount, funding, and operating history are not disclosed in the available inputs. There is no evidence of any active product offering, sales motion, or distribution channel, and no AI/ML capabilities, patents, awards, or strategic alliances are recorded. The sole documented corporate event is the restructuring action placing the insurer into administration.

Name

Elite Insurance

Legal name

Elite Insurance Company Limited

Website

https://elite-insurance.co.uk

Company type

Private

Founded year

2005

Operating status

Closed

Short description

Elite Insurance Company Limited was a Gibraltar-domiciled private insurer that is currently in administration under joint administrators appointed by the Gibraltar Supreme Court and is no longer operating as a going concern.

Ownership category

akta.pro rank

Headquarters

HQ city

Gibraltar

HQ country

Gibraltar

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Core offering

Elite Insurance Company Limited was an insurance company authorised and regulated by the Gibraltar Financial Services Commission. The company is currently in administration, with joint administrators appointed by the Supreme Court of Gibraltar to manage its affairs, business, and property, and is no longer operating as a going concern.

Differentiator

Problem solved

Functional benefit

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Broad incumbents

• Ardonagh Group: Large UK-headquartered insurance distribution and carrier group. Comparable as a broad incumbent in the European and UK-channel insurance market where Elite Insurance's policyholder base and book would likely reside and be administered post-administration.
• Enstar Group: Large, established legacy/acquisition insurer that buys and manages run-off insurance and reinsurance businesses globally. Comparable as a broader incumbent active in the same end-of-life insurance segment where an administered Gibraltar carrier would be sold or transferred.
• RiverStone International: Specialist run-off acquirer and manager of legacy insurance and reinsurance companies. Comparable because it operates in the same niche of acquiring closed or administered carriers and managing their legacy obligations, including in offshore domiciles.
• Markel International: Specialty insurer operating from Lloyd's and other international platforms including Gibraltar. Comparable as a broader specialty insurance incumbent that could be a counterparty in any portfolio transfer or scheme of arrangement arising from Elite's administration.

Others

• Gibraltar Financial Services Commission: Statutory regulator of insurance and other financial services in Gibraltar, which authorises and supervises Elite Insurance. Comparable as the principal regulatory counterparty that will determine the trajectory of the administration and any future licence status.
• HFW (Holman Fenwick Willan): International law firm with a leading insurance and reinsurance practice that regularly acts on administrations, schemes of arrangement, and portfolio transfers in Gibraltar and London. Comparable as a key professional-services counterparty typically engaged in the same lifecycle event Elite Insurance is undergoing.
• PwC UK Insurance Advisory: Advisory and insolvency practice actively administering Elite Insurance via joint administrators Edgar Lavarello and Dan Schwarzmann. Comparable as the principal service provider currently operating the entity and therefore the most relevant counterparty/peer from an operational and process standpoint.

Direct peers

• Compre Group: Specialist acquirer of insurance and reinsurance legacy portfolios and companies in run-off or administration. Comparable because Compre targets precisely the kind of closed/legacy insurance entity that Elite Insurance has become, often acquiring shells, books, and licences from administered carriers across European and offshore domiciles.
• RITC (Run-Off Insurance Services): Specialist run-off acquirer focused on non-life insurance portfolios and entities in wind-down. Comparable as a peer in the same end-state lifecycle (post-active underwriting, residual book management), and a logical counterparty for any portfolio transfer out of an administered Gibraltar carrier.

Regional players

• QIC (Qatar Insurance Company): Multi-line insurer with historical exposure to Gibraltar and European specialty lines. Comparable as a regional/specialty peer that has acquired or restructured legacy European insurance entities similar to Elite Insurance.

Market position

Strengths2 records

Weaknesses4 records

Competitive moat1 record

Key risks4 records

Customer concentration

• LinkedInlinkedin.com/company/elite-insurance-company-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elite Insurance