Ideal Insurance Services
2 May 2008
Lloyd's has become aware that Ideal Insurance Services (Ideal), an insurance broker based at offices at Oak House, High Street, Chorley, Lancashire PR7 1DW has produced documentation purporting that coverage in relation to either Commercial Combined/Employers' Liability has been arranged by Certain Underwriters at Lloyd's. Lloyd's is able to confirm that enquiries undertaken to date have failed to establish that coverage purportedly arranged at Lloyd's by Ideal has actually been placed in the Lloyd's market.
Lloyd's can confirm that Ideal are currently under investigation by the City of London Police and any enquiries of the police should be submitted by email to the following address:
OperationTrail@CityofLondon.pnn.police.uk
On this basis Lloyd's would strongly recommend that any member of the public with alleged cover at Lloyd's arranged by Ideal Insurance Services should take immediate steps to arrange alternative cover.
The FSA has also issued a warning in relation to Ideal Insurance Services Ltd a link to that warning is attached below.
www.moneymadeclear.fsa.gov.uk/news/firm/warning_ideal.html
Should you require further clarification concerning Lloyd's position please contact us via the following e-mail address chris.baker@lloyds.com enclosing copies of any documentation you may have received from Ideal.
Last updated on 02 May 2008
