FSCS in-default register

LAMP Insurance Company Ltd

Declared in default3 June 2019FRN 431201

What this means for you

Because LAMP Insurance Company 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

LAMP Insurance Company Ltd (FRN 431201), a UK-regulated general insurance and contracts of insurance provider, was declared in default by the Financial Services Compensation Scheme on 3 June 2019. The firm had offered general insurance products to consumers across the UK market. Eligible policyholders may claim compensation of up to 90% of their claim value with no upper limit under FSCS protection rules for insurance intermediaries.

Products this firm wrote

General insuranceContracts of insurance

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.