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Insurance cover from unregulated provider ,not underwritten by Ireland britton broker

corrado20t · 2017-03-22 08:39:54

I recently was getting quotes from a broker call Britton Insurance Donegal, i wanted to get a policy from them. We went through the whole process with a quote that sounded a bit odd. I asked who the insurer was and she said it was a british insurer, if they go wallop you wouldnt get your money back because they arent…

22-03-2017 8:39am

#1

corrado20t

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Join Date: December 2007

Posts: 3

I recently was getting quotes from a broker call Britton Insurance Donegal, i wanted to get a policy from them. We went through the whole process with a quote that sounded a bit odd. I asked who the insurer was and she said it was a british insurer, if they go wallop you wouldnt get your money back because they arent regulated in Ireland.
can a broker sell such a product? surely this is very bad for business ?

Boardies comments welcome!!!

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Comments

#2 22-03-2017 9:50am

grogi

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Posts: 8536

corrado20t wrote: »

if they go wallop you wouldnt get your money back because they arent regulated in Ireland.
can a broker sell such a product? surely this is very bad for business ?

They are regulated in UK, aren't they?

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