Russell Ward Insurance Brokers Ltd ( subsequently known as Russell Ward I.B Ltd)
What this means for you
Because Russell Ward Insurance Brokers Ltd ( subsequently known as Russell Ward I.B 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
Russell Ward Insurance Brokers Ltd (FRN 139010), which operated under the trading name Russell Ward I.B Ltd, was declared in default by the Financial Services Compensation Scheme on 7 July 2000. The firm's specific product offerings are not detailed in available records. Customers with valid claims may be entitled to FSCS compensation, though the applicable limits depend on the type of product held at the time of the firm's default.
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.