FSCS in-default register

A S Love Limited formerly MCL Insurance Brokers Limited

Declared in default19 October 2006FRN 116701

What this means for you

Because A S Love Limited formerly MCL 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

A S Love Limited, formerly trading as MCL Insurance Brokers Limited (FRN 116701), was declared in default by the Financial Services Compensation Scheme on 19 October 2006. The firm had been authorised to conduct insurance broking activities. Eligible customers of the firm may be entitled to compensation of up to 90% of their claim with no upper limit under the FSCS insurance protection arrangements.

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.