FSCS pays £26m to Enterprise customers

UK finance

The Financial Services Compensation Scheme (FSCS) has revealed that it has paid £26m to Enterprise Insurance policyholders.

In an announcement made on 22 December the body noted: "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."

The move followed Enterprise Insurance being ordered to wind up business in July last year

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