FSCS in-default register

Ian Fray & Co Insurance Broker

Declared in default22 November 2004FRN 133580

What this means for you

Because Ian Fray & Co Insurance Broker 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

Ian Fray & Co Insurance Broker, FRN 133580, was declared in default by the Financial Services Compensation Scheme on 22 November 2004. The firm operated as an insurance broker, providing insurance intermediation services to customers. Former customers of the firm may be entitled to FSCS compensation of up to 90% of their claim with no upper limit, in accordance with the compensation rules applicable to insurance intermediaries at the time of default.

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.