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Insurance cover from unregulated provider ,not underwritten by Ireland britton broker

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  • 22-03-2017 9:39am
    #1
    corrado20t
    Registered Users Posts: 9 ✭


    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!!!


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    #2
    grogi
    Registered Users Posts: 8,615 ✭✭✭grogi


    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?


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