Two brokers on FSCS insolvency list
Strathearn Insurance Services and Bellfield Financial Services have been declared in default by the scheme.
The Financial Services Compensation Scheme (FSCS) declared 35 failed regulated firms in default between 1 August and 31 October 2019.
The list included two insurance brokers – Strathearn Insurance Services in London and Bellfield Financial Services, formerly Kirkintilloch Insurance Services, with a registered address in Glasgow.
The FSCS explained that a declaration of default means it is satisfied that a firm cannot pay claims for compensation made against it.
It added that consumers who
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