Notice of the commencement of winding-up proceedings against LAMP Insurance Company Limited
On 31 May 2019, by Order of the Supreme Court of Gibraltar (a British Overseas Territory), winding-up proceedings were commenced against LAMP Insurance Company Limited (“the Company”). The liquidator has appointed Grant Thornton Gibraltar Ltd as agent to advise and assist on matters relating to the operation and conduct of the liquidation.
Consequent on the commencement of winding-up proceedings, the authorisation of the Company as an insurer has been withdrawn and no insurance business may be conducted by or on behalf of the Company.
The Company’s policyholders resident in Slovakia have no recourse to the UK-based compensation scheme from which eligible UK policyholders may claim compensation. As the Company is insolvent, its insurance policies will almost certainly be disclaimed or terminated. Until their date of termination, however, policies remain in force. The insurers’ policyholders should be informed of this fact by insurance intermediaries.
Policyholders who have further questions may address them to the intermediary through whom they arranged the policy, or to the liquidator, by sending them to the following email address or postal address:
Grant Thornton Ltd of 6A Queensway,
PO Box 64,
Claims and communications in respect of insurance claims of the Company’s policyholders are being administered by Quest Consulting (London) LTD and may be sent to the following email address or postal address
Quest Consulting (London) Ltd
52-53 Gracechurch Street,
London EC3V OEH,
United Kingdom (“Quest”)
National Bank of Slovakia
Imricha Karvasa 1, 813 25 Bratislava, Slovak Republic
Tel.: +421-2-5787 2142, +421-2-5865 2142, +421-2-5787 2169, +421-2-5865 2169
Reproduction is permitted provided that the source is acknowledged.