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Hacked Off
PostPosted: Thu Jan 12, 2017 2:57 am 
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Has anyone had a refund for return of premiums yet from the FSCS, I am still waiting for mine and reading the following from the FSCS website they make it sound like a lot of people have already been paid.
I am starting to wonder whether my details have even been passed on by the broker.

Quote:
FSCS has now paid over £26m in compensation on claims following the collapse of Enterprise Insurance
22nd December 2016

FSCS has been paying claims either direct to policyholders or through their broker or finance company, (after the liquidator cancelled Enterprise Insurance policies on 26 October).

We have now paid over £26m in compensation to more than 30,000 policyholders. This includes just over £17.6m for motor policy claims, a further £1m on non-motor policy claims and more than £7.8m for return of premium claims.
https://www.fscs.org.uk/news/2016/decem ... insurance/
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grandad
PostPosted: Thu Jan 12, 2017 6:41 am 
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Have you had any correspondence from the FSCS? You should have had some.

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wannabeeahack
PostPosted: Thu Jan 12, 2017 12:00 pm 
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Milestone AKA Taxi centre told me claimants were getting paid direct

till last week....when they said THEY would be getting all the refunds and passing on

now im even more worried

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Hacked Off
PostPosted: Thu Jan 12, 2017 1:05 pm 
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grandad wrote:
Have you had any correspondence from the FSCS? You should have had some.


Not had anything from FSCS but I did get a letter from the the Liquidator right at the beginning.
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grandad
PostPosted: Thu Jan 12, 2017 1:10 pm 
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Hacked Off wrote:
grandad wrote:
Have you had any correspondence from the FSCS? You should have had some.


Not had anything from FSCS but I did get a letter from the the Liquidator right at the beginning.

In that case you must be on the system. I would ring the liquidator and ask for an update.

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Grandad,
To support my charity text MAYORWALK to 70085 to donate £5
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Hacked Off
PostPosted: Thu Jan 12, 2017 2:49 pm 
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grandad wrote:
Hacked Off wrote:
grandad wrote:
Have you had any correspondence from the FSCS? You should have had some.


Not had anything from FSCS but I did get a letter from the the Liquidator right at the beginning.

In that case you must be on the system. I would ring the liquidator and ask for an update.


The Liquidator refers me to the FSCS.

wannabeeahack wrote:
Milestone AKA Taxi centre told me claimants were getting paid direct

till last week....when they said THEY would be getting all the refunds and passing on

now im even more worried


Mine is also being dealt with by Milestone (Supposedly) so maybe I should have asked a different question like "Have any Milestone customer received a refund yet ??"
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wannabeeahack
PostPosted: Thu Jan 12, 2017 2:57 pm 
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grandad wrote:
Hacked Off wrote:
grandad wrote:
Have you had any correspondence from the FSCS? You should have had some.


Not had anything from FSCS but I did get a letter from the the Liquidator right at the beginning.

In that case you must be on the system. I would ring the liquidator and ask for an update.


Liquidator is not UK based

FSCS is only point ofcontact

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grandad
PostPosted: Thu Jan 12, 2017 4:00 pm 
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wannabeeahack wrote:

Liquidator is not UK based

FSCS is only point ofcontact

I dealt with the liquidator by post and phone when settling the claim we had that was outstanding. The information we provided was then sent to the FSCS for approval and paying out.

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Grandad,
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wannabeeahack
PostPosted: Thu Jan 12, 2017 4:53 pm 
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Liquidator of Enterprise Insurance Company Plc “Freddie White of Grant Thornton (Gibraltar) Limited"

A UK rep was appointed but the actual liquidators were in Gib

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wannabeeahack
PostPosted: Thu Jan 12, 2017 4:54 pm 
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GFSC to launch major probe into Enterprise and its Directors

The FCA is aware of the announcement today of a major investigation into Enterprise and its Board of Directors by the GFSC following the financial collapse of the company. Enterprise was registered and authorised for insurance business in Gibraltar and carried on business in a number of EU states, including the UK, via an EU freedom of services passport. As such the primary regulator for Enterprise is the GFSC and they will lead the investigation.

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grandad
PostPosted: Thu Jan 12, 2017 5:18 pm 
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wannabeeahack wrote:
Liquidator of Enterprise Insurance Company Plc “Freddie White of Grant Thornton (Gibraltar) Limited"

A UK rep was appointed but the actual liquidators were in Gib

So there is a UK point of contact. :roll: :roll:

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Grandad,
To support my charity text MAYORWALK to 70085 to donate £5
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trotskys twin
PostPosted: Thu Jan 12, 2017 5:23 pm 
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Grant Thonrton Euston your get 1p in the pound ha ha Tory spivs leg over more mugs :lol: :lol: \:D/ \:D/ \:D/ =D> =D>

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grandad
PostPosted: Thu Jan 12, 2017 5:26 pm 
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trotskys twin wrote:
Grant Thonrton Euston your get 1p in the pound ha ha Tory spivs leg over more mugs :lol: :lol: \:D/ \:D/ \:D/ =D> =D>

I don't know about returning premiums but for claims like ours for a business with a turnover below £1,000,000 the payout was £100% for 3rd party claims and 90% for own damage claims.

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Grandad,
To support my charity text MAYORWALK to 70085 to donate £5
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wannabeeahack
PostPosted: Thu Jan 12, 2017 5:44 pm 
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grandad wrote:
wannabeeahack wrote:
Liquidator of Enterprise Insurance Company Plc “Freddie White of Grant Thornton (Gibraltar) Limited"

A UK rep was appointed but the actual liquidators were in Gib

So there is a UK point of contact. :roll: :roll:


Just not the liquidators :badgrin: :badgrin:

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jimbo
PostPosted: Fri Jan 13, 2017 6:31 pm 
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I got paid out last November.

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