FSCS Protects Policyholders of Failed Insurer
The Financial Services Compensation Scheme (FSCS) has stepped in to protect over 16,000 policyholders of Premier Insurance Company Limited, a failed Gibraltar-based insurer.
Premier Insurance Company Limited, which had stopped trading, was declared in default by the FSCS on 14 October 2025.
The FSCS stressed that its announcement does not refer to the UK broker of a similar name or other UK-based firms with similar names.
The FSCS has protected over 16,000 policyholders of Premier Insurance Company Limited.
- Number of policyholders protected: over 16,000
- Date of default: 14 October 2025
Author's summary: FSCS protects 16,000 policyholders of failed Premier Insurance.