FSCS in-default register

Philip A Barnes (Insurance Brokers) Ltd (now Philip A. Barnes Limited)

Declared in default3 August 2004FRN 118189

What this means for you

Because Philip A Barnes (Insurance Brokers) Ltd (now Philip A. Barnes 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

Philip A Barnes (Insurance Brokers) Ltd, also operating as Philip A. Barnes Limited (FRN 118189), was declared in default by the Financial Services Compensation Scheme on 3 August 2004. The firm's specific product offerings are not documented in available records. Former customers may be entitled to FSCS compensation of up to 90 per cent of valid claims relating to insurance products, with no upper limit on compensation.

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.