Qudos replacement policies reignite unrated debate
Some alternative cover for Qudos’ motor, motor add-on and pet insurance policyholders is being offered through two unrated insurers.
Earlier this month the Financial Services Compensation Scheme revealed that it had secured about 165,000 alternative motor and/or pet insurance policies from new providers in order to replace Qudos’ motor and pet policies following the unrated provider’s collapse last year.
Some policies have been replaced with cover by Trinity Lane Insurance Company and ETU Forsikring A/S, another Danish firm. Both providers are unrated.
Managing director of Primo Plc, Robin Foster-Taylor said he was shocked
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