Travel insurance

Thomas Cook travel insurance 'will be honoured'

Kevin Peachey

Personal finance reporter

Travel insurance
Getty Images

Policyholders of Thomas Cook's Roam travel insurance have been reassured that their policy remains valid.

The product is underwritten by White Horse Insurance Ireland, which insures more than two million customers each year - not all of whom were Thomas Cook customers.

We have just received a statement from White Horse, which says: "White Horse is required to hold enough capital to ensure that it can honour any insurance claims which may be made by existing customers. The recent Thomas Cook compulsory liquidation has no impact on customers with an insurance policy underwritten by White Horse.

"While Thomas Cook was an important distribution partner, White Horse has diversified its business over the last three years and has built a successful B2B business with partners outside of the Thomas Cook Group."