Statements

In the last update (date 13 March 2019) we reported that, with the support of the GFSC and the Supreme Court of Gibraltar, a court order was handed down on 31 January 2019 that allowed Elite to take steps to design and implement a scheme of arrangement (the Scheme) under …

This update is applicable to all policyholders of LAMP Insurance Company Limited (‘LAMP’) As from Thursday 6 June 2019, Quest Group in the UK has been appointed to manage all claims on policies issued by LAMP. Accordingly, all enquiries relating to claims should now be …

This update is applicable to UK policyholders only On 3 June 2019, the UK Financial Services Compensation Scheme (‘FSCS’) declared LAMP Insurance Company Limited (‘LAMP’) a failed firm.  Details of how the FSCS will protect UK customers of LAMP, together with …

On 31 May 2019, by Order of the Supreme Court of Gibraltar the Official Receiver has been appointed as Liquidator of LAMP Insurance Company Limited (LAMP).  The Official Receiver has engaged the services of Grant Thornton Limited, PO Box 64, 6A Queensway, Gibraltar, as…

LAMP Insurance Company Limited (LAMP) has notified the GFSC that it has submitted an application to the Supreme Court of Gibraltar to appoint the Official Receiver and place LAMP into liquidation. The directors have taken this action as LAMP is insolvent and has been unable …