Prof, yes you are correct about insurance etc, the ECU , engine conttrol Unit, when remapped. Will be within the limits of the engines capabilities. The engines are mapped to the country that the engine is being marketed to. They are limited at the lower standard for reliability , If you choose to remap an ECU, the cars equipment, Ie Turbo, can actually handle this remap.. many manufactures will let you remap your car if requested, ie how can the same 2 litre engine, produce more power with the same valves, pistons and compression ratios, all done by Electronic, engine mapping, changiing valve timing and fuel quantity and injection , thats whats that little ECO button does for you.
Hutch.