Pineapple is not an insurance company but a digital Financial Services Provider (FSP no. 48650) whose products are underwritten (guaranteed) by an insurer who makes sure that valid claims can always be paid.

Pineapple restructures insurance products to limit the amount of profit that an insurer may make in order to maximise the value that a Pineapple member gets. This enables us to distribute leftover premiums back to our members!
​
​Our products are underwritten by Old Mutual Alternative Risk Transfer Insure Limited, a licensed Non-Life Insurer and authorised FSP.