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The total transfer of the insurance contract portfolio of Hello Insurance Group, Compañía de Seguros, SA (in liquidation) to Ges, Seguros y Reaseguros, SA has been authorised. The operation covers accident, land vehicle (non-railway), motor third-party liability, miscellaneous pecuniary loss, legal defence, and assistance lines. This resolution follows the ex officio transfer procedure initiated by the Directorate General of Insurance and Pension Funds (Art. 223 of Royal Decree 1060/2015).
For Hello Insurance Group policyholders, contracts relating to accidents, vehicles, and legal defence will now be managed by Ges, Seguros y Reaseguros, SA. This measure ensures continuity of coverage following the liquidation process of the transferring entity. Interested parties have one month to file an optional appeal for reversal (recurso de reposición) or two months to file a contentious-administrative appeal before the National High Court (Art. 114 of Law 39/2015 and Law 29/1998).
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