FSCS in-default register

Professional Indemnity Select Limited

Declared in default12 June 2007FRN 304507

What this means for you

Because Professional Indemnity Select Limited 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

Professional Indemnity Select Limited (FRN 304507), a UK regulated financial-services firm, was declared in default by the Financial Services Compensation Scheme on 12 June 2007. The firm's product offerings cannot be determined from available records. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the specific products held 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.