Company Information

Get to know General Insurance Distribution LTD

General Insurance Distribution LTD, trading as BGL Insurance, is a major UK-based insurance distributor. The company focuses on using data, digital technology, and customer experience to connect customers with a wide range of personal insurance products, including car, home, and life insurance. Rather than underwriting policies itself, BGLi acts as an intermediary, partnering with major consumer brands (such as Compare the Market, O2, and the Post Office) and a large panel of insurers to offer tailored products. Its history is rooted in the BGL Group, founded in 1992, and it has since grown to become one of the UK's largest personal lines insurance brokers.

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General Insurance Distribution LTD

United Kingdom

Founded in

2009 (17 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

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DFSA

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.