FSCS in-default register

Davis & Groves Insurance & Mortgage Consultants

Declared in default21 October 2005FRN 121222

What this means for you

Because Davis & Groves Insurance & Mortgage Consultants 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

Davis & Groves Insurance & Mortgage Consultants (FRN 121222) was declared in default by the Financial Services Compensation Scheme on 21 October 2005. The firm provided insurance and mortgage consultation services to retail customers. Former customers may be entitled to FSCS compensation of up to 90% of their insurance claims with no upper limit, and up to £85,000 for mortgage-related products, subject to eligibility criteria.

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.