FSCS to pay out £6.9m to taxi drivers insured by collapsed Alpha
The Financial Services Compensation Scheme is the process of paying out £6.9m in premium refunds to 9000 taxi drivers that were covered by collapsed unrated Danish insurer Alpha.
The premium refund payments are based on information provided to the FSCS by Alpha’s brokers that was also verified by the failed insurer’s liquidator.
The policies in question were sold through
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