FSCS in-default register

Morgans Insurance Broking Limited formerly Morgans General Insurance Services Limited

Declared in default27 March 2014FRN 306811

What this means for you

Because Morgans Insurance Broking Limited formerly Morgans General Insurance Services 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

Morgans Insurance Broking Limited, formerly known as Morgans General Insurance Services Limited (FRN 306811), was declared in default by the Financial Services Compensation Scheme on 27 March 2014. The firm provided insurance broking services to its customers. Former customers may be entitled to FSCS compensation of up to 90% of their claim with no upper limit for insurance-related products.

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.