PCN indemnity insurance

DavidFx

Apologies if this has been raised before - I couldn't find anything in a search

Google 'PCN indemnity' to find them - top hit

For a 'mere' £25 they will indemnify you against private PCN charges subject to T&Cs

It's a great business idea, £25 for probably doing absolutely nothing.

No contact details on the website - company registration and website registration through 3rd parties

The cynic in me is wondering whether there is any connection with a PCN company - "We've tried a succession of progressively bigger sticks and that hasn't worked - let's try dangling a carrot instead"

I particularly like the UK Legal Assurance 'Scales of Justice' logo on the bottom of the home page - UK Legal Assurance doesn't exist and if it did, it should be 'Insurance' not 'Assurance'

Orford

Only beeen going 2 months

PCN INDEMNITY LTD
THE MERIDIAN 4 COPTHALL HOUSE
STATION SQUARE
COVENTRY
WEST MIDLANDS
ENGLAND
CV1 2FL
Company No. 08028174

Current Director Mr Michael Doyle

Date of Incorporation: 12/04/2012

ManxRed

Interestingly, the first hit on Google when looking for PCN Indemnity is this thread! The second hit is the website in question.

http://pcnindemnity.com/

Need a good pore over this, as I'm sure a few of you will!! It looks well iffy on first glance.

Stephen_Leak

It's just like paying for a EHIC or PPI reclaim.

ManxRed

Give us £25 and we'll ignore your PPC letters for you.

Incredible. Why didn't I think of it???

trisontana

I thought that address was familiar:-

UK PARKING CONTROLS LTD
THE MERIDIAN, 4 COPTHALL HOUSE
STATION SQUARE
COVENTRY
CV1 2FL
Company No. 06486938

And

UK PARKING CONTROL LIMITED
THE MERIDIAN
4 COPTHALL HOUSE STATION SQUARE
COVENTRY
WEST MIDLANDS
CV1 2FL
Company No. 05104383

ManxRed

Is it possible to have a parasite that lives and feeds off another parasite?

Stephen_Leak

ManxRed wrote: »

Is it possible to have a parasite that lives and feeds off another parasite?

I'd say that this is still a parasite that lives and feeds off of innocent motorists.

DavidFx

THE MERIDIAN, 4 COPTHALL HOUSE
STATION SQUARE
COVENTRY
CV1 2FL
Is an accommodation address but it is a coincidence that UKPC is using it as well

The use of the word assurance is deliberate

We are an indemnity assurance company established solely to challenge UK private parking organizations, many of whom use deliberately intimidating tactics to frighten motorists into paying inflated charges for minor parking violations on private land. We want to help change this bullying culture, and have the resources and expertise to do it

If they were involved in insurance then this would come under the auspices of the FSA

And because it's not insurance it's not underwritten - no guarantee of payment

The_Slithy_Tove

ManxRed wrote: »

Is it possible to have a parasite that lives and feeds off another parasite?

"Big fleas have little fleas,
Upon their backs to bite 'em,
And little fleas have lesser fleas,
and so, ad infinitum."

Coupon-mad

The word assurance makes no sense in this context surely?

When I worked for a life assurance company (which did of course involve underwriting the risk) I thought the word 'assurance' was used only in that context? Insurance meant any other cover.

I think to offer 'indemnities' and/or 'assurance' they would need certain licences and be authorised by the Financial Services Authority:

http://www.fsa.gov.uk/register/home.do