FSCS in-default register

M T M Insurance Brokers Limited (formerly Bornedene Limited)

Declared in default29 April 2008FRN 145122

What this means for you

Because M T M Insurance Brokers Limited (formerly Bornedene 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

M T M Insurance Brokers Limited, formerly trading as Bornedene Limited (FRN 145122), was declared in default by the Financial Services Compensation Scheme on 29 April 2008. The firm operated as an insurance broker, offering insurance products to its clients. Former customers of the firm may be entitled to FSCS compensation of up to 90 per cent of their claim value, 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.