Initial Disclosure Document
Initial Disclosure Document
About Us
Registered in the United Kingdom under registration number 11463258 – Registered Office: The Plaza, 100 Old Hall St, Liverpool, L3 9QJ. Compariqo is a wholly owned subsidiary of Exance Services Limited whose registration number is 03366581. Exance Services Limited is authorised and regulated by the Financial Conduct Authority under registration number 300804. Copyright © 2023 Compariqo Limited & Exance Services Limited. All rights reserved.
Compariqo Limited is an insurance intermediary.
Compariqo Limited: Registered office is: The Plaza, 100 Old Hall St, Liverpool, L3 9QJ
Whose products do we offer?
Which service will we provide you with?
You will not receive advice or a recommendation from us. We may ask some questions to narrow down the selection of products that we will provide details on. You will then need to make your own choice about how to proceed.
What will you have to pay us for our services?
We will receive our remuneration by one or more of the following methods:
- A fee or administration payment which will be payable by you and will be agreed with you in advance of payment. This will be detailed in our invoice.
- A commission payment from the insurer of your policy which is included in the premium you pay.
- We may charge fees for additional services which we carry out on your behalf. Any additional fees will be agreed with you in advance.
It is our practice to add at our discretion an administration charge to your premium and this charge will be stated as a separate item on the invoice documentation that we send to you before you are asked to commit to the arrangement of any insurance.
Please note: All instructions which we receive verbally or in writing from you or your representative are binding. Any remuneration arising from such instructions will be deemed to be earned in full on receipt of your payment. For the avoidance of doubt once our remuneration has been earned, in the event that the insurance is cancelled once placed with one of the providers or suppliers that we work with, our fees or brokerage may not be returnable.
Protecting your money
We will deduct any commission entitlements before paying premiums to the insurer.
Data Protection
We take protecting our customers data very seriously and abide by the rules of the General Data Protection Regulation (GDPR).
Where personal information is collected about individuals in connection with the arranging of insurance, this information will be collected and processed in accordance with our Privacy Policy which can be viewed on our website https://compariqo.com/privacy-policy-2/.
Alternatively, you can contact us for a copy.
What to do if you have a complaint?
If you wish to register a complaint, please contact us:
In writing to: The Compliance Officer, Compariqo Limited, The Plaza, 100 Old Hall St, Liverpool, L3 9QJ
By emailing: The Compliance Officer, Mark Griffin – hello@compariqo.com
By telephoning: 0151 808 0314.
If you cannot settle your complaint with us, you are entitled to refer it to the Financial Ombudsman Service.
If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service.
By writing to: The Financial Ombudsman Exchange Tower, Harbour Exchange Square, London, E14 9SR.
By the internet: www.financial-ombudsman.org.uk
By telephone: 0845 080 1800.
OR via the Online Dispute Resolution
(https://webgate.ec.europa.eu/odr/main/index.cfm?event=main.home.show&lng=EN)
The Online Dispute Resolution website is an official website managed by the European Commission dedicated to helping consumers and traders resolve their disputes out-of-court. If you have had a problem with something that you have bought online, you can use this site if you live in the EU and the trader is based in the EU.
Are we covered by the Financial Services Compensation Scheme (FSCS)?
Conflicts of Interest
Insurer Security
Credit Checks
Bribery Act
Receipt of Instructions
Meeting your Demands and Needs
Structural Warranty Cover and Insurance Cover
We have not provided any recommendation as to the cover you should take, and the chosen product has been selected by you based on the factual information supplied.
By proceeding to purchase the policy, you will have come to your own decision that this particular product meets your demands and needs and are therefore happy to proceed and purchase the cover.
Surety Bonds
The different types of bonds that we can source meets the demands and needs of a customer requiring protection in respect of:
– Advance payment bonds. This protects purchaser’s reservation deposits when buying a new home typically up to 10% of the purchase price should the builder/developer become insolvent prior to completion of the purchase.
– Insolvency, or a performance bond. This provides protection to the insured party, typically a developer should a contracted entity, usually a contractor constructing a new development for a developer fail to meet their obligations as set in out in the contract between the insured and the contractor.
We have not provided any recommendation as to the cover you should take, and the chosen product has been selected by you based on the factual information supplied.
By proceeding to purchase the policy, you will have come to your own decision that this particular product meets your demands and needs and are therefore happy to proceed and purchase the cover.
Other Products
Professional Consultants Certificates (PCC’s)
Unoccupied Property Insurance
Indemnity insurance
Contractor’s Combined/ Contractors All Risks
We will provide information relating to the cover when we discuss your needs, however we will not provide any recommendation as to the cover you should take, and the chosen product has been selected by you based on the factual information supplied.
By proceeding to purchase the policy, you will have come to your own decision that the particular product your enquiry relates to meets your demands and needs and are therefore happy to proceed and purchase the cover.
By proceeding to purchase the policy, you will have come to your own decision that this particular product meets your demands and needs and are therefore happy to proceed and purchase the cover.
We won’t leave you waiting for a quote

We won’t leave you waiting for a quote
