FSCS in-default register

East West Insurance Company Ltd

Declared in default12 October 2020FRN 202806

What this means for you

Because East West 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

East West Insurance Company Ltd (FRN: 202806) was declared in default by the Financial Services Compensation Scheme on 12 October 2020. The firm offered insurance products to customers. Former policyholders may be entitled to compensation of up to 90% of their claim with no upper limit under the FSCS protection scheme.

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.