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TLJ201
TLJ201 Posts: 35 Forumite
Fourth Anniversary 10 Posts
edited 16 December 2021 at 6:23PM in Insurance & life assurance
So even though a long informative thread was removed from this forum for 'Legal reasons' regarding Tifgroup it appears that the complaints continued elsewhere and on the 7th December 2021 the FCA finally withdrew their licence to sell insurance. 
A million hoorays from all the unsatisfied customers purely for the relief of knowing that no one else will have to endure similar from this company once heavily promoted by MSE.  (Holidaysafe)

Details of the FCAs requirements can be found on the FCA website.
Tif Heads of departments jumping ship and ceo diversifying into 'education' of all things with Squaricle group. 
Hope the lot of them are made accountable for their actions. Also hope their doctor is struck off by the GMC once his 'adjourned' trial 
restarts next year. 




Comments

  • Sounds like fake news to me! I just checked the FCA site and it doesn't say they've been stopped from selling at all? Says they're not doing claims handling?  I used to have Holidaysafe policies and have claimed twice without any issues, friend of mine had to be brought home by them after a serious fracture and they were amazing. 
    It's a faff trying to find a new provider, so I hope they are allowed to sell but now worried about the claims? I've insured with them for years.
  • Sandtree
    Sandtree Posts: 10,628 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    Travel Insurance Facilities Plc (fca.org.uk)

    Also advises the block is on handling claims and then they can handle claims for policies sold prior to 8 Jul 2021 underwritten by their german partner. 
  • TLJ201
    TLJ201 Posts: 35 Forumite
    Fourth Anniversary 10 Posts
    Been like this since the summer for all their companies. 
    So hardly fake news.
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