Awarded contract

Independent Insurance Claims Handling Services

Details

Supplier(s)
Western Mortgage Services Limited
Value
£4,005,600
Topic
Insurance services
Published
17 January 2025

Tender description

Handling of FSCS protected claims in respect of Independent Insurance Company Ltd. Lot 1: For the provision of claims handling services in relation to IICL

Timeline

  1. Completed: Award date12 December 2024
  2. Completed: Award published17 January 2025
    Current notice

About the buyer

Financial Services Compensation Scheme (FSCS), a UK central body established under the Financial Services and Markets Act 2000, runs its own procurement function. FSCS began compensating customers of failed firms in 2001. Protection extends across banking, investment, pension, insurance and mortgage advice for firms authorised to trade in the UK. FSCS is independent of government and the financial services firms whose levies fund it.

Over the past 5 years, most of Financial Services Compensation Scheme's contract awards have been in business services, software and information systems and IT services.

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