FSCS in-default register

St Olaf Insurance Brokers Limited

Declared in default24 October 2002FRN 116587

What this means for you

Because St Olaf 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

St Olaf Insurance Brokers Limited (FRN 116587) was declared in default by the Financial Services Compensation Scheme on 24 October 2002. The firm operated as an insurance broker, providing insurance brokerage services to customers. Former customers of the firm may be entitled to FSCS compensation of up to 90% of their eligible claims, with no upper limit applied to insurance intermediary claims.

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.