Wemyssfield Insurance Brokers Limited
Declared in default17 December 2004FRN 141007
What this means for you
Because Wemyssfield 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
Wemyssfield Insurance Brokers Limited (FRN 141007) was declared in default by the Financial Services Compensation Scheme on 17 December 2004. The firm's product types are not specified in available records. Eligible customers may claim compensation under FSCS protections, though specific entitlements depend on the insurance products involved, which are typically covered at 90 per cent of losses with no upper limit.
Products this firm wrote
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How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.