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Written question asked by Gareth Thomas (Labour) on Monday, 14 May 2018, in the House of Commons. It was due for an answer on Wednesday, 16 May 2018. It was answered by Nusrat Ghani (Conservative) on Tuesday, 22 May 2018 on behalf of the Department for Transport.

Taxis: Insurance

Question

To ask the Secretary of State for Transport, if his Department will take steps to help taxi drivers who have been affected by the bankruptcy of Alpha Insurance to seek (a) reimbursement and (b) alternative insurance providers.

Answer

The taxi and private hire vehicle drivers affected are likely to be protected by the Financial Services Compensation Scheme (FSCS) and, as Alpha Insurance was based in Denmark, some may also be protected under the Danish insurance guarantee scheme. The FSCS are working with the Danish parties to put in place the appropriate arrangements for claims to be handled.

We are aware that a number of brokers are working with affected policyholders to arrange alternative cover. All drivers must make sure that they have appropriate insurance in place before driving their vehicle.

Secondary information

Type
Written question
Reference
143627
Session
2017-19
Subjects
Compensation Bankruptcy Insolvency Insurance Taxis Alpha Insurance
Link
View this Written question on www.parliament.uk