FSCS in-default register

Amilcroft Insurance Brokers Limited (now AIC Limited)

Declared in default17 May 2001FRN 143413

What this means for you

Because Amilcroft Insurance Brokers Limited (now AIC 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

Amilcroft Insurance Brokers Limited, operating under FRN 143413 and later renamed AIC Limited, was declared in default by the Financial Services Compensation Scheme on 17 May 2001. The firm provided insurance broking services to its clients. Former customers may be eligible for FSCS compensation of up to 90% of their claim with no upper limit, in accordance with the scheme's insurance intermediary protection rules.

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.