OIC Run-off Limited

Reference number: 202288

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Authorised, but in a compromise arrangement

This firm has a formal arrangement with its creditors, which can limit what customers are able to recover from it. Check how it affects you before acting.

What the FCA says

ATTENTION - Firm in a compromise arrangement

This firm has entered into a statutory compromise arrangement with its creditors and/or shareholders. This means it has entered into an arrangement with its creditors and/or shareholders which has altered the rights and obligations of the parties. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. Firms enter into a compromise arrangement for various reasons, so if you are a customer check with the firm to determine whether the compromise arrangement affects you.

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

Company details

From the company's Companies House record.

Company number
00256100
Company status
Active
Company type
Private limited company
Incorporated
30 April 1931 (95 years old)
Registered office
8th Floor, Central Square, 29 Wellington Street, Leeds, West Yorkshire, LS1 4DL, United Kingdom
Nature of business
  • Non-life insurance (SIC 65120)

Current directors and secretaries

Name Role Born Appointed
Dan Yoram Schwarzmann Director Jul 1963 28 Nov 2001
Douglas Nigel Rackham Director Jun 1962 22 Aug 2022
Dan Yoram Schwarzmann Secretary Not published 1 Sep 2002

Check on the FCA register → Report a scam →

Activities and protection

What they can do, and how you are protected

  • Hold or safeguard your money FSCS may apply
    Eligible deposits are typically protected by the FSCS up to £120,000 per person, per banking group.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Sell or arrange insurance FSCS may apply
    Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.

Check your FSCS cover →

Show FCA detail (3 permissions)
  • Accepting Deposits
  • Carrying out contracts of insurance
  • Dealing in investments as principal

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

FCA actions and complaints

No FCA disciplinary action, and no complaints recorded with the Ombudsman.

Previously registered as

The FCA register holds one earlier registered name for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.

  • The Orion Insurance Company Public Limited Company

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Common questions

Frequently asked questions

Is OIC Run-off Limited FCA authorised?
Yes, OIC Run-off Limited (FRN 202288) is authorised by the FCA to carry out regulated activities.
Is my money safe with OIC Run-off?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about OIC Run-off to the Financial Ombudsman Service, free of charge.
Is OIC Run-off a scam or clone?
OIC Run-off is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is OIC Run-off's Firm Reference Number (FRN)?
OIC Run-off's FRN is 202288. You can verify it on the FCA register.