Brokers and FSCS step in for Qudos customers following unrated insurer's collapse

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The Financial Services Compensation Scheme (FSCS) has revealed that it has worked with a number of brokers to transfer around 165,000 Qudos motor and pet insurance policies to new providers.

The regulatory body detailed that, since the collapse of the Denmark-based insurance company in December 2018, FSCS has been working to secure alternative insurance cover for these motor, guaranteed asset protection (GAP) and pet insurance policyholders.

FSCS has been working with brokers Tobell Insurance

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