What Methodist Insurance does

Methodist Insurance PLC (MIC, Reg. No. 6369) is a UK-based specialist insurer founded in 1872, making it the oldest denominational church insurer in the United Kingdom. The company is a Public Limited Company authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Firm Reference Number 136423, and is covered by the Financial Services Compensation Scheme. It serves Methodist churches, circuits, districts, affiliated charities, property owners, and connected laypeople, offering a portfolio that includes Church insurance (Church Shield), Charity insurance, Circuit & District insurance, Home insurance (Home Shield), and Property Owners insurance, plus 24/7 claims handling. The company is closely aligned with the Benefact Group, with CEO Michael Angell serving concurrently as Church Operations Director of Benefact Group and administration provided by Ecclesiastical Insurance Office plc.

The underlying technology is an insurance underwriting and risk management platform tailored to church, charity, and residential property risks, supported by an in-house risk management team producing guides, templates, and checklists across fire safety, health and safety, security, environmental, and community risk areas. The company generates revenue through subscription-based insurance premiums distributed via direct telephone sales (0345 606 1331), website self-service, and broker/intermediary channels. Pricing is quote-based, with home insurance automatic cover limits up to £750,000 buildings and £75,000 contents, and a distinctive 20% charitable donation on first-year premium plus a 10% combined buildings/contents discount. Beyond insurance, Methodist Insurance runs the Methodist Grants programme (over £700,000 awarded in a recent round) and operates exclusively within the United Kingdom.

Name

Methodist Insurance

Legal name

Methodist Insurance PLC (MIC)

Website

https://methodistinsurance.co.uk

Company type

Public

Founded year

1872

Operating status

Operating

Headcount range

1–10 employees

Short description

Methodist Insurance PLC is a UK FCA/PRA-regulated specialist insurer, founded in 1872, providing church, charity, home, and property owners insurance to Methodist churches, circuits, affiliated charities, and connected individuals in the United Kingdom.

Ownership category

akta.pro rank

Product category

Church and Charity Insurance

NAICS

Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers and Related Activities (524)

SIC

Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)

akta.pro primary industry

Nonprofit / Social Services BOP (FSAJAFAM)

Keywords

• Church insurance
• Charity insurance
• Property owners insurance
• Denominational insurance
• Risk management services

Headquarters

HQ city

Manchester

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Insurance Premiums: Methodist Insurance generates revenue through insurance premiums from multiple product lines including Church insurance, Charity insurance, Circuit & District insurance, Home insurance, and Property Owners insurance. The company has been protecting the Methodist Church for over 150 years since 1872.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Methodist Insurance PLC is a specialist UK insurer offering tailored insurance products for Methodist churches, Methodist Circuits and Districts, charities connected to the Methodist Church, and individuals within the Methodist community. Core insurance lines include Church Insurance (Church Shield), Charity Insurance, Circuit & District Insurance, Home Insurance (Home Shield), and Property Owners Insurance, underwritten on a quote-based annual subscription basis with FCA/PRA regulatory oversight. The offering is reinforced by 24/7 claims handling, in-house risk management guidance, and a Methodist Grants programme supporting church projects.

Product overview

Methodist Insurance is a specialist insurer offering a portfolio of insurance products and risk management services primarily serving the Methodist Church and related organisations in the UK. The core product offering includes Church Shield (church insurance), Home Shield (home insurance), Property Owners insurance, Charity insurance, and Circuit & District insurance. These products are complemented by claims handling services available 24/7, in-house risk management guidance covering health and safety, fire safety, and environmental risks, a Methodist Grants programme for church funding, and a document library for policy documents and templates. The company has been protecting the Methodist Church since 1872, making it the oldest denominational church insurer in the UK.

Differentiator

Problem solved

Functional benefit

Products and services

• Church Insurance (Church Shield) Specialist insurance for Methodist churches covering buildings, contents, and liability risks, including protection for church-specific risks such as fire safety, asbestos, safeguarding, and community outreach activities. Targeted at Methodist churches across the UK.
• Charity Insurance Insurance coverage for charities and voluntary organisations connected to the Methodist Church, including charity-specific liability, trustee protection, property, and event coverage. Targeted at UK charities and voluntary groups affiliated with the Methodist Church.
• Circuit & District Insurance Insurance coverage for Methodist Circuits and Districts at the regional church governance level, providing property, liability, and trustee protection for the administrative groupings of Methodist churches. Targeted at Methodist Circuit and District governing bodies in the UK.
• Home Insurance (Home Shield) Buildings and contents insurance for homeowners connected to the Methodist community, with buildings cover up to £750,000, contents up to £75,000, single article limit typically £3,500, outbuildings up to £5,000, garden contents up to £2,500, accidental damage, and home emergency cover. Flood Re scheme participation available for eligible high-risk properties. Targeted at ministers, church officials, and individuals connected to the Methodist community.
• Property Owners Insurance Insurance coverage for residential property owners connected to the Methodist Church, providing property protection and liability coverage. Targeted at property owners and landlords with a Methodist Church connection in the UK.
• Claims Handling Service 24/7 claims processing service for policyholders with dedicated case study support, available seven days a week. Includes a dedicated Home Emergency claims line (0345 268 8470) and a Risk Advice Line (0345 600 7531). Targeted at all Methodist Insurance policyholders.

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Ecclesiastical Insurance Office plc (EIO)coreStrategic or Co-development PartnerProvides administration services for Methodist Insurance. Ecclesiastical Group offers operational support and infrastructure.
• ARAG Legal Expenses Insurance Company LimitedminorStrategic or Co-development PartnerPartners with Methodist Insurance to provide Home Emergency cover, arranging rapid response contractors for covered emergencies.
• Benefact GroupcoreOthersMichael Angell, CEO of Methodist Insurance, serves as Church Operations Director of Benefact Group, indicating Methodist Insurance is part of or closely aligned with the Benefact Group.
• Flood RecoreStrategic or Co-development PartnerJoint industry and government scheme enabling affordable flood cover for high-risk properties. Methodist Insurance participates in the scheme, ceding flood risk for eligible properties.
• Ecclesiastical Financial Advisory Services LimitedminorStrategic or Co-development PartnerMichael Angell serves as a director on the board of Ecclesiastical Financial Advisory Services Limited.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• NFU Mutual: UK mutual insurer serving rural communities, charities, and individuals. Comparable mutual structure and UK-only footprint with strong community engagement, though broader product set beyond the faith-based niche.
• Aviva: One of the UK's largest general insurers with broad home, property, and commercial insurance offerings. Serves as a competitive incumbent that could pressure Methodist Insurance's home and property owner product lines.
• Direct Line Group: Major UK personal lines insurer with significant home insurance market share. Represents the mainstream scale competitor against Methodist Insurance's Home Shield product.
• Allchurches Trust: Benefact Group sibling organization that grants funds to Anglican and other Christian charities. Operates within the same parent group and shares the faith-based grants/insurance ecosystem, though focused on grant-giving rather than underwriting.
• Covéa Insurance: UK mutual insurer providing home, commercial, and specialty insurance. Comparable mutual structure and UK focus with overlapping property and commercial coverage that competes for charity and property owner customers.

Direct peers

• Wesleyan Insurance: UK mutual financial services provider serving professionals, including specialist insurance products. Comparable mutual/mission-driven structure and Methodist-heritage origins make it a natural peer despite different product focus.
• Ansvar Insurance: UK-based ethical and Christian-values insurer providing church, charity, education, and care insurance. Highly comparable specialist faith-oriented insurer competing for the same charity and church customers as Methodist Insurance.
• Baptist Insurance Company PLC: UK specialist denominational insurer providing insurance and risk management for Baptist churches, charities, and individuals. Direct competitor in the faith-based insurance niche with the same go-to-market model and target customer segments.
• Ecclesiastical Insurance: UK specialist insurer focused on churches, charities, and heritage properties. Ecclesiastical provides administration services to Methodist Insurance, sits within the same Benefact Group, and offers a directly overlapping product portfolio including church, charity, and home insurance.

Regional players

• Salvation Army Insurance: UK specialist insurer affiliated with the Salvation Army, providing insurance for the charity and its connected organizations. Faith-affiliated peer operating in a parallel denominational insurance model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/methodist-insurance

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Methodist Insurance