FSCS in-default register

Laing & Company Registered Insurance Brokers Limited (Formerly W M I Laing Ltd)

Declared in default10 July 2006FRN 146322

What this means for you

Because Laing & Company Registered Insurance Brokers Limited (Formerly W M I Laing 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

Laing & Company Registered Insurance Brokers Limited (formerly W M I Laing Ltd), FRN 146322, was declared in default by the Financial Services Compensation Scheme on 10 July 2006. The firm operated as an insurance broker. Eligible customers may claim compensation under the FSCS scheme, which covers insurance intermediation claims at 90% of losses with no upper limit.

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.