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Octagon Insurance website disappeared

circuit
Posts: 508 Forumite
My car insurance is with Octagon. The website is showing a 123-Reg holding page. http://www.octagoninsurance.com
I'm guessing it's something to do with this:
http://www.insuranceage.co.uk/insurance-age/news/2479990/octagon-switches-from-insurer-to-mga-post-brexit
Gibraltar-based insurer Octagon has changed its status from insurer to MGA following the decision for the UK to exit the European Union.
On its website customers are informed: "Customers with a policy that started on or before 31st December 2016 can continue to use this website as usual.
"Customers with a policy that renewed on or after 1st January 2017 - the details on this website will not be relevant to your policy, please see your renewal pack for further information."
Anyone had a renewal pack through recently? Are they still renewing policies? They have always been significantly less expensive than other insurers for us, so this is not good news.
I'm guessing it's something to do with this:
http://www.insuranceage.co.uk/insurance-age/news/2479990/octagon-switches-from-insurer-to-mga-post-brexit
Gibraltar-based insurer Octagon has changed its status from insurer to MGA following the decision for the UK to exit the European Union.
On its website customers are informed: "Customers with a policy that started on or before 31st December 2016 can continue to use this website as usual.
"Customers with a policy that renewed on or after 1st January 2017 - the details on this website will not be relevant to your policy, please see your renewal pack for further information."
Anyone had a renewal pack through recently? Are they still renewing policies? They have always been significantly less expensive than other insurers for us, so this is not good news.
0
Comments
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I will hazard a guess that their IT guy and some others don't have jobs any more and / or no one renewed their domain.
https://forums.moneysavingexpert.com/discussion/2637603 is old but did not bode well.
There is some more guidance in here
http://m.insurancebusinessmag.com/uk/news/breaking-news/insurer-stops-writing-new-business-changes-into-mga-42343.aspx
Octagoninsurance.co.uk still loads but didn't look further to see if it is any use / one and the same.I am just thinking out loud - nothing I say should be relied upon!
I do however reserve the right to be correct by accident.0 -
I don't know about any of the technicalities I'm afraid but I recently had a renewal pack, the under writers had changed and my renewal price was 3 times the amount of my original policy for no reason. I accessed the website a few days ago but the online chat (the way I had previously managed my policy) has vanished. Ive gone elsewhere for a much better deal.0
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Thanks for the helpful replies. The website is back now, but it looks as though we won't be able to renew.0
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