FSCS in-default register

Yates & Son Insurance Brokers Limited

Declared in default19 January 2006FRN 116499

What this means for you

Because Yates & Son Insurance Brokers Limited has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

Yates & Son Insurance Brokers Limited (FRN 116499) was declared in default by the Financial Services Compensation Scheme on 19 January 2006. The firm operated as an insurance broker, offering insurance products to customers. Former customers of the firm may be entitled to FSCS compensation of up to 90 per cent of their claim with no upper limit, in accordance with the insurance product protection rules.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.