If you have a successful claim, ISRB will pay compensation up to the limit that applies. When you accept this payment, you transfer your legal rights against the firm and any other relevant party to ISRB. We explain this as part of the application process.
This means you can no longer claim against the firm or any other relevant party. ISRB will pursue recoveries against them. Depending on the circumstances of your case, if we make any recoveries, we may be able to pay some of these recoveries to you. ISRB makes recoveries for the benefit of its levypayers or compensated claimants.
If your claim is rejected, or until you accept our compensation, you are free to pursue the firm or any third party yourself - ISRB will not do so on your behalf.