Irish insurer XS Direct believes its algorithms have been used to sell insurance products in the UK in breach of a contract worth up to £2.5 million (€2.9 million), the Commercial Court has heard. The case was fast-tracked into the big business division of the High Court by Justice Seamus Twomey after failed attempts to mediate the dispute. XS Direct Holdings Ltd and its secured lender, Beach Point Capital (through its vehicles BPC Ireland Lending DAC and BPC Ireland Lending II DAC), have taken action against Gibraltar-registered Mulsanne Insurance Company Ltd and its Jersey-based parent company Ormiston Holco Ltd. They…

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XS Direct claims for insurance algorithm breach

Before receivers were appointed in 2022, XS Direct sold motor insurance in the British and Irish markets. Since then, the group claims its intellectual property has been used in the UK, as it moves to enforce a disputed contract.

7th Jul, 2025 - 3 min read

Francesca Comyn

Legal Editor

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