Business Details
LAMP Insurance Liquidation Information
We were established as a licensed insurer operating under the regulatory framework of Gibraltar's financial services authority. Our operations focused on underwriting a range of insurance products including motor warranties, private medical insurance, and healthcare contracts across Gibraltar, the United Kingdom, and select international markets. Following our appointment into liquidation by the Supreme Court of Gibraltar in 2019, we transitioned to managing claims administration under court supervision. Our team collaborated with appointed claims administrators and insolvency specialists to process policyholder queries while adhering to statutory requirements.Despite our insolvency status, we maintained statutory obligations to administer valid claims until policy disclaimers took effect. Communications with policyholders were conducted through designated channels, with UK-based claims referred to the Financial Services Compensation Scheme where applicable. Our liquidation process involved regular progress reporting to regulatory authorities and stakeholders.
Services
GAP Warranty Policies
Home Insurance
Private Medical Insurance
Dental Implant AfterCare
Marine Warranty
Healthcare Contracts
After The Event Policies
Excess Waiver
Motor Warranty
Financial Loss Policies
Services
GAP Warranty Policies
We provided guaranteed asset protection insurance covering vehicle depreciation gaps. Policies were terminated following liquidation proceedings commencing August 2019. UK policyholders were referred to FSCS for potential compensation.
Private Medical Insurance
Our healthcare plans covered private medical treatment costs. H3 policy disclaimers took effect September 2019. International healthcare contracts were terminated by mid-2019 in compliance with insolvency regulations.
Claims Administration
Quest Consulting managed claims evaluation during liquidation. Valid claims were recorded for potential distribution subject to asset realisation. No payments could be made due to insolvency status.
Dental Implant AfterCare
We offered post-treatment dental implant coverage until July 2019. Marine warranty and dental policies were formally disclaimed with immediate effect under GFSC supervision.
Financial Loss Policies
Business protection products including Lawdata Motor Warranty and Strategic GAP policies operated until 2019 disclaimers. Claims validation continued through appointed administrators post-liquidation.
Questions
What happened to LAMP Insurance policies?
All policies were formally disclaimed between 2019-2021 following liquidation proceedings. Coverage ceased immediately on specified dates outlined in official notices.
How do UK policyholders claim compensation?
UK policyholders should contact the Financial Services Compensation Scheme (FSCS) directly for eligible claims. Valid claims were transferred to FSCS by appointed administrators.
Can I still submit a new insurance claim?
No new claims can be submitted as the company is insolvent. Existing claims are being processed by appointed administrators for record purposes only.
Will policyholders receive any payments?
No payments are possible due to insolvency. Valid claims may receive partial distributions if assets are realised during liquidation proceedings.
Reviews (3)
Brindis Brindis
Dec 26, 2018
Report
This company does not keep their promises, is a complete fraud and will make you go to hell. Stay away from them.
Nicola Wong
Feb 06, 2018
Report
Denied my claims for a dislocated elbow, stating "PRE EXISTING CONDITION".! I've had the insurance for 5 months for a year long trip to the US, do they think Ive had an elbow dangling out for the entire time? They only have a UK number to call and if I want to complain, I have to MAIL it to the UK. Avoid.
Daniel Sonn
Nov 22, 2017
Report
Denied even knowing a partner company although they are on complaints section of the terms and condition be warned
