FSCS in-default register

Watford Insurance Brokers Ltd

Declared in default21 February 2003FRN 118493

What this means for you

Because Watford Insurance Brokers Ltd 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

Watford Insurance Brokers Ltd (FRN 118493) was declared in default by the Financial Services Compensation Scheme on 21 February 2003. The firm operated as an insurance broker, offering insurance products and related services to customers. Former customers of the firm may be entitled to compensation of up to 90 per cent of their claim with no upper limit under the FSCS's insurance protection arrangements.

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.