Rossbank Insurance Services Ltd
Declared in default20 October 2016FRN 315013
What this means for you
Because Rossbank Insurance Services 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
Rossbank Insurance Services Ltd, which operated under the trading name Paymentshield Introducers Ltd (FRN: 315013), was declared in default by the Financial Services Compensation Scheme on 20 October 2016. The firm's specific product offerings cannot be determined from available records. Eligible customers may be entitled to FSCS compensation, though the applicable limit depends on the product type involved in their claim.
Products this firm wrote
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How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.