Insurance Post

FSCS to protect customers of Monarch Insurance Services

The Financial Services Compensation Scheme (FSCS) is stepping in to protect customers of Monarch Insurance Services, 72 Kingswood Road, Goodmayes, Ilford, Essex IG3 8UD, who may have lost money after the firm went out of business.

FSCS is expecting most claims for compensation to relate to returning premiums paid to Monarch Insurance Services, where no insurance cover was put in place. Most customers appear to have been small

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