Page 1 of 1
Bankrupt Insurer
Posted: 11 May 2018, 11:39
by rocket
Got an email this morning saying my underwriter for my insurance has gone bankrupt. So rang up my broker and took 40 mins to get told hard luck ring our sales team..... Im F"£$"£$" fuming. paid in full for the insurance have 6 months left on it. Sounds like ill be lucky if i seen anything back and the customer service i have received from my broker is f£$£$ shite .... Why do i pay them a fee if they can not manage my policy for me.
Re: What ails you today?
Posted: 11 May 2018, 11:47
by Cav
Who is this rocket? Just so we know to avoid them
Re: What ails you today?
Posted: 11 May 2018, 11:50
by Kwacky
Rocket, do you want to do a new thread? People will be interested in this
Re: What ails you today?
Posted: 11 May 2018, 12:11
by Jack
I am pretty sure there are some safeguards in place for this situation Rocket - get in touch with the financial ombudsman they have a department for motor insurance at the very least they should be able to tell you if there is a way to mitigate your loss .
Re: What ails you today?
Posted: 11 May 2018, 13:04
by rocket
Kwacky wrote:Rocket, do you want to do a new thread? People will be interested in this
Sure can you split it . Its alpha insurance . I had a trade policy with them.
http://www.bbc.co.uk/news/uk-england-london-44057527
Re: What ails you today?
Posted: 11 May 2018, 13:15
by Kwacky
Who is the broker?
Re: Bankrupt Insurer
Posted: 11 May 2018, 13:18
by rocket
one sure
Re: Bankrupt Insurer
Posted: 11 May 2018, 16:11
by duke63
edit - nothing to see here. I misread who had gone bust.