FSCS in-default register

Penistone Insurance Brokers Limited

Declared in default25 July 2001FRN 140892

What this means for you

Because Penistone 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

Penistone Insurance Brokers Limited (FRN 140892) was declared in default by the Financial Services Compensation Scheme on 25 July 2001. The firm operated as an insurance broker, arranging insurance products for customers. Former customers may be entitled to FSCS compensation of up to 90% of their claim with no upper limit for insurance-related losses.

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.