Sherwood Insurance Services
Declared in default15 August 2013FRN 142804
What this means for you
Because Sherwood Insurance Services 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
Sherwood Insurance Services (FRN 142804) was declared in default by the Financial Services Compensation Scheme on 15 August 2013. The firm's product types are not specified in available records. Former customers may be entitled to FSCS compensation of up to 90% of their claims with no upper limit for insurance products, subject to eligibility criteria and the scheme's assessment process.
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.