We are pleased to say that the Strathearn Insurance Services Ltd. claims being pursued via the Financial Service Ombudsman (FOS) are finally heading to a successful conclusion.
The Financial Service Ombudsman had issued his decision now on four test cases which have dealt with a variety of issues. These have all been entirely in favour of the complainants.
The only other avenue open to Strathearn would now be to apply to the High Court for a Judicial Review.
However Strathearn’s professional indemnity insurers have paid out on each of the test cases which strongly indicates that they do not intend to pursue a Judicial Review.
We are now very optimistic that we will be able to move forwards via our Solicitors to positive discussions with the FOS to see how these test case decisions will be rolled out to all pending cases.
We will of course be keeping Action Group Members very much informed on any outcomes as soon as we are made aware of them.