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 09:39AM

#1

corrado20t

Registered Users, Registered Users 2 Posts: 10 ✭

Join Date: December 2007

Posts: 4

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!!!

0

Comments

#2 22-03-2017 10:50AM

grogi

Registered Users, Registered Users 2 Posts: 7,890 ✭✭✭

Join Date: October 2010

Posts: 7814

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?

0