FSCS in-default register

M Sims t/a Sims Insurance Services

Declared in default29 April 2008FRN 121645

What this means for you

Because M Sims t/a Sims Insurance Services 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 Sims, trading as Sims Insurance Services (FRN 121645), was declared in default by the Financial Services Compensation Scheme on 29 April 2008. The firm's product type classification is not specified in available records. Eligible customers may be entitled to FSCS compensation of up to 90 per cent of valid claims with no upper limit for relevant insurance products, subject to individual circumstances and claim assessment.

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.