Update - 17/04/2019
Further to our previous communications regarding the bankruptcy of Alpha Insurance A/S and the ultimate termination of all Motor Trade Insurance policies associated with them, we would firstly like to thank you for your patience regarding this matter.
We can confirm that we are currently engaged in daily and significant dialogue with all parties involved, namely the FSCS, the Danish Guarantee Fund and the administrators who are acting on behalf of Alpha Insurance A/S, in organising any compensation due back to any of our customers who are affected. This dialogue has proved difficult so far, however, we are working as quickly as possible in order to bring you further updates as to when it is likely any monies owed will be returned.
Unfortunately at this point we are still unable to provide any exact dates as to when this matter will be resolved, but please rest assured we are doing everything possible and are putting all available resource into getting this matter resolved. We would also like to confirm that as soon as we have any further updates that we are able to share with you, we will of course be in touch.