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FSCS urges Alpha latent defect customers to submit claims

UK sterling twenties

Scheme has in total paid out £31m in premium refund compensation to 229,000 Alpha policyholders following the collapse of the unrated Danish insurer in May 2018.

The Financial Services Compensation Scheme (FSCS) has urged thousands of Alpha Insurance A/S (Alpha) latent defect policyholders to submit their premium refund claim.

Unrated Danish insurer Alpha was declared bankrupt in May 2018 and FSCS confirmed in August this year that it would compensate its latent defect policyholders.

This followed the collapse of a proposed deal arranged by BCR Legal Group to provide replacement cover.

CRL Management, an appointed representative of BCR Legal Group

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