Kingscroft Insurance Brokers Limited (formerly Kingscroft Insurance Brokers Limited)
What this means for you
Because Kingscroft Insurance Brokers Limited (formerly Kingscroft 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
Kingscroft Insurance Brokers Limited (FRN 155207) was declared in default by the Financial Services Compensation Scheme on 11 October 2007. The firm, which operated without alternative trading names, was authorised to provide insurance broking services. 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 scheme's insurance intermediation provisions.
Products this firm wrote
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.