KUBR

FCA fined HomeServe GBP 30.6m for long-running mis-selling and complaints failures

HomeServe Membership Limited · Home emergency insurance intermediary

Regulatory breachGovernance failure

The case in brief

Visible before detection

    Checks that could have surfaced it, on hindsight

    1

    Governance signals

    Remuneration and compliance committee papers would show volume incentives and ignored warnings.

    Can mislead when: Private companies file late, so these signals are lagging. Kubr uses them to support other flags, not to prove anything alone.

    2

    Regulatory & litigation records

    Ofcom and FSA actions would show a pattern of conduct problems.

    Can mislead when: Court records lag and name spellings vary. A clean record can mean the problem has not reached court yet.

    3

    Operating-metric verification

    Complaint and cancellation rates would show customer harm in the sales data.

    Can mislead when: Contract staff do not appear in EPFO. Vahan access needs licensed APIs. Some businesses have no physical trace.

    Where Kubr services would have helped

    Portfolio monitor

    Offered in India
    • C8 Ofcom and FSA actions would show a pattern of conduct problems.
    • C10 Complaint and cancellation rates would show customer harm in the sales data.
    • C11 Remuneration and compliance committee papers would show volume incentives and ignored warnings.

    Verified Snapshot

    Offered in India
    • C8 Ofcom and FSA actions would show a pattern of conduct problems.
    • C11 Remuneration and compliance committee papers would show volume incentives and ignored warnings.

    Legal diligence support

    Offered in India
    • C8 Ofcom and FSA actions would show a pattern of conduct problems.
    • C11 Remuneration and compliance committee papers would show volume incentives and ignored warnings.

    Promoter profiles

    Offered in India
    • C8 Ofcom and FSA actions would show a pattern of conduct problems.
    • C11 Remuneration and compliance committee papers would show volume incentives and ignored warnings.

    Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.

    A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.