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FSCS to pay out on four more insurance firms

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The failed firms are JB Wilcock Insurance, Benson McGarvey Murdoch, Elite Insurance Company, and Quick-Sure Insurance.

The Financial Services Compensation Scheme (FSCS) declared four insurance firms in default between 1 November 2019 and 31 January 2020.

The firms were JB Wilcock Insurance in Nelson, Benson McGarvey Murdoch in Nottingham, Elite Insurance Company in Grantham, and Quick-Sure Insurance in Gibraltar.

Elite entered administration in December 2019 and Quick-Sure followed in January 2020.

Default
The four insurance firms were part of 30 failed firms declared in default during the three-month period

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