FSCS in-default register

KBI Insurance Brokers Limited

Declared in default21 April 2011FRN 477482

What this means for you

Because KBI Insurance Brokers 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

KBI Insurance Brokers Limited (FRN 477482) was declared in default by the Financial Services Compensation Scheme on 21 April 2011. The firm provided insurance broking services to customers. Eligible claimants may be entitled to compensation of up to 90 per cent of their claim with no upper limit, in accordance with FSCS protection rules for insurance intermediaries.

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.