Source Insurance Limited

Reference number: 300222

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

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.

Also trades as
  • Source Finance

Company details

From the company's Companies House record.

Company number
02864963
Company status
Active
Company type
Private limited company
Incorporated
22 October 1993 (32 years old)
Registered office
Global Reach, Dunleavy Drive, Cardiff, CF11 0SN, Wales
Nature of business
  • Activities of insurance agents and brokers (SIC 66220)

Current directors and secretaries

Name Role Born Appointed
Andrew Alistair Masters Director Feb 1964 22 Oct 1993
Jonathan Pinkerton Director Apr 1981 21 Aug 2020
Malcolm Trevor Guest Director Sep 1964 10 Nov 2021
Christopher William Lynch Director Apr 1978 28 Oct 2024
Louise Anne Watkins Director Feb 1972 28 Oct 2024

Activities and protection

What they can do, and how you are protected

  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • 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.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
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  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Arranging (bringing about) deals in investments
  • Assisting in the administration and performance of a contract of insurance
  • Credit Broking
  • Dealing in investments as agent
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Making arrangements with a view to transactions in investments

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 2 earlier registered names for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.

  • Red Apple Group Limited
  • Source Software Limited

Names it no longer trades under

This firm has retired 9 trading names. If you were contacted under one of these, the name did belong to this firm, but check the current details above before going ahead.

Show the retired names
  • CoverBuilder
  • CoverBuilder.co.uk
  • Dynamo Cover
  • Funkyinsurance.com
  • Naked Insurance
  • Red Apple Finance
  • Reptile Protect
  • SourceLet
  • Trusteeguard

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Common questions

Frequently asked questions

Is Source Insurance Limited FCA authorised?
Yes, Source Insurance Limited (FRN 300222) is authorised by the FCA to carry out regulated activities.
Is my money safe with Source Insurance?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Source Insurance to the Financial Ombudsman Service, free of charge.
Is Source Insurance a scam or clone?
Source Insurance 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 Source Insurance's Firm Reference Number (FRN)?
Source Insurance's FRN is 300222. You can verify it on the FCA register.