FSCS in-default register

Monarch Insurance Services Limited

Declared in default9 June 2006FRN 315009

What this means for you

Because Monarch Insurance Services 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

Monarch Insurance Services Limited, an insurance provider registered under FRN 315009, was declared in default by the Financial Services Compensation Scheme on 9 June 2006. The firm's specific insurance product lines are not detailed in available records. Former customers of Monarch Insurance Services Limited may be entitled to compensation of up to 90% of their claims with no upper limit under FSCS protection for insurance products.

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.