The Financial Services Compensation Scheme has stepped in to protect over 16,000 policyholders of failed insurer Premier Insurance Company Limited as it highlighted the identity of the Gibraltar-based motor provider.
The FSCS stressed 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, which had stopped trading, was declared in default by the FSCS on 14 October 2025.
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As a result, the insurer is no longer paying claims in full and the FSCS is moving in to protect the firm’s eligible UK
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