MEDEX PROTECT LIMITED IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY - FRN 735475
The Directors of Medex Protect Limited have in excess of 40 years collective experience of working at a senior level within the Health Insurance sector. The firm was established in order to drive innovation and enhanced value in a sector which has seen reduced choice over recent years, as the number of insurance providers diminishes due to a number of mergers and exits from the market.
The Medex Medical Excess and Shortfall product represents genuine innovation in the PMI market and we remain the only provider to offer this policy on a stand alone basis, specifically linked to an existing Private Medical Insurance Policy.
Medex Protect is supported by a panel of respected Underwriters, including ANV Syndicate 1861 & Lloyd’s Syndicate 510. The Lloyd’s Managing Agent for Syndicate 510 is Tokio Marine Kiln Syndicates Limited, a subsidiary of Kiln Group Limited - authorised and regulated by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and by the Prudential Regulation Authority.
Tokio Marine Kiln is part of the 'AA-' rated Tokyo Marine Group. Their UK operating company, Tokio Marine Kiln Syndicates Limited, currently manages four syndicates at Lloyd’s and, in terms of capacity, is one of the largest agencies trading in the Lloyd’s insurance market. Tokio Marine Kiln is incorporated in England and Wales with registration number 2949032. The registered office is located at 106 Fenchurch Street, London EC3M 5NR.
On 25th July 2016 Medex Protect announced a strategic partnership with Medicash, the leading UK based Cashplan provider (with a pedigree dating back 150 years) to launch Familycare and Familycare Protect. These are policies which are designed specifically to offer comprehensive and innovative Health related benefits for children at rates which are typically as much as 50% cheaper than traditional PMI policies (based on standard multiples applied to calculate the child proportion of the premium and based on the average UK premium). The policy follows the ethos of Medex, which is to use our experience and knowledge of the market, to offer innovative products which offer compelling financial savings whilst delivering a compelling product solution.