FSCS in-default register

Wilson & Parmar Limited formerly Wilson & Parmar (Insurance Brokers) Limited

Declared in default24 January 2008FRN 131556

What this means for you

Because Wilson & Parmar Limited formerly Wilson & Parmar (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

Wilson & Parmar Limited, formerly trading as Wilson & Parmar (Insurance Brokers) Limited (FRN 131556), was declared in default by the FSCS on 24 January 2008. The firm operated as an insurance broker providing insurance products to customers. Eligible customers may be entitled to FSCS compensation of up to 90% of their claim with no upper limit applied.

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.