FSCS in-default register

Alpha Insurance A/S

Declared in default9 May 2018

What this means for you

Because Alpha Insurance A/S 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.

Indicative FSCS compensation limit for this firm's products: up to £85,000 per eligible claim (90% of liability with no cap on protected insurance, including ATE).

Background

Danish insurer that wrote UK general insurance via Managing General Agents. Insolvent May 2018.

Products this firm wrote

General insuranceMotor insuranceAfter-the-Event insurance

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.