Top 10 of 642 law firms for Insurance Insolvency, Insurance Law

Law firms ranked by client reviews

This work covers what happens when an insurance company becomes insolvent, including the protection of policyholders, the handling of claims against the failed insurer, and any restructuring or administration mechanisms that may apply. It involves advising on regulatory processes under the Financial Services and Markets Act, coordinating with the Prudential Regulation Authority and the Financial Conduct Authority, and liaising with the Financial Services Compensation Scheme. It also covers potential policy transfers, asset distribution, and the steps needed to recover or settle valid claims.

Why this work is usually handled by a solicitor

Policyholders rely on a regulated framework to protect their interests when an insurer fails. The solicitor explains the protections available under the FSMA regime, including the role of the FSCS, and what happens to outstanding claims. They coordinate with regulators, administrators or liquidators, and with claims handlers, to identify valid policy rights, oversee transfers or novations of policies where possible, and support clients through the process of proving a claim and recovering payments where feasible.

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We have found a review that matches your query

Elizabeth Bradshaw

Tagged solicitor Elizabeth Bradshaw

We recently used these solicitors after an insurance issue with an employee. Liz was friendly, helpful and very knowledgeable. We felt very supported throughout the whole process. The whole team were friendly and helpful with any issues or questions we had. We thankfully had a good result and cannot thank these solicitors enough.

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Cameron Irvine

Tagged solicitor Cameron Irvine

I am extremely pleased with the outcome of my claim it far exceeded my expectations. Cameron was wonderful and kept me up to date. I would definitely recommend Thompsons and Cameron.

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