Lamp declared in default following insolvency
The FSCS is still in the process of identifying how many UK policyholders are affected by the failure of Lamp as Now4Cover seeks replacement provider.
Insolvent Gibraltar provider Lamp is now in default according to the Financial Services Compensation Scheme (FSCS).
The provider which went into liquidation last week (31 May) was declared in default by the FSCS yesterday (3 June).
Jimmy Barber, chief operating officer at FSCS, said: “We are still in the process of identifying how many UK customers are affected by the failure of Lamp Insurance. We are working closely with the liquidators to make sure that all eligible policyholders affected by
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