FSCS Protects Policyholders of Failed Insurer
The Financial Services Compensation Scheme (FSCS) has stepped in to protect over 16,000 policyholders of Premier Insurance Company Limited, a failed Gibraltar-based insurer.
The FSCS highlighted that its announcement does not refer to the UK broker of a similar name or other UK-based firms with similar names.
- Premier Insurance Company Limited had stopped trading.
- The company was declared in default by the FSCS on 14 October 2025.
No additional information is available at this time.
Author's summary: FSCS protects 16,000 policyholders.