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FSCS lifts lid on response to collapsed insurers

Jimmy Barber

The Financial Services Compensation Scheme has helped compensate tens of thousands of policyholders following the collapse of five unrated insurers over the past three years. Chief operating officer Jimmy Barber talks to Post on efforts to recover cash from failed companies.

What are the lessons that have been learned from the collapse of firms like Gable and Alpha?

There’s a couple of key lessons. One is that collaboration between the different interested parties is key

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