FOS insurance complaints rise 19.9%

complaint

The Financial Ombudsman Service opened 39,730 new insurance cases in 2022/23.

The figure for April 2022 to March 2023 contrasted with the previous year’s fall when new cases dropped to 33,127. However, despite the uptick, the latest total was still lower than the 44,487 new cases in 2020-21.

In the current numbers, car or motorcycle cases topped the insurance list with 11,851 complaints, ahead of the 9,310 in 2021-22.

This meant motor insurance came third in the FOS’ overall top five list of most complained about products, having also been in the ranking the year before

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: