CRL Management likely to close amid Alpha fallout
Alpha was CRL's sole provider until it went bankrupt last year, and CRL has filed a document on Companies House which proposes the firm is wound up.
CRL Management has entered a company voluntary arrangement (CVA) ahead of likely being wound up.
According to documents filed on Companies House, CRL Management will continue to trade only to serve the terms of the CVA. It has been proposed that the company be wound up following the issuance of final certificates on its existing jobs.
Steve Mansour, CEO of CRL Management, told Insurance Age that winding up the business was the “most likely outcome”.
CRL’s creditors agreed to the CVA via an
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Broker
From insurer to broker – SRG’s Holmes on strengthening the joint relationship
Having departed Hiscox to join Specialist Risk Group as director of niches and schemes, Nicola Holmes shares her insights into how being a client advocate has deepened her appreciation for the value brokers bring.
Broker Expo 2025 Countdown: DCL’s Joe Hantson
As we countdown to Broker Expo in October we caught up with Joe Hantson, deputy CEO of exhibitor DCL who explains how brokers can gain an edge – regardless whether the market is hard or soft.
Blog: The impact of tariffs on the extended warranty market
Changing global trade conditions are reshaping repair economics. According to Ronan Conboy, founder and CEO of Carrow Insurance, brokers have a role to play in helping businesses adapt early to stay resilient and competitive.
Non-standard PL broker switches from Close Brothers to Premfina
Premfina has entered into a multiyear strategic premium finance partnership with personal lines broker One Answer Insurance, following Close Brothers' decision to pivot from personal lines.
Meet the MGA: Sutton Specialist Risks
SSR managing director Gary Uren outlines how 36 years of data/knowledge, coupled with the backing of Acrisure and long-standing insurer capacity, means it is in good shape to almost double in size over the next five years.
Insurance Day for Dementia returns on 27 November
Insurance Day for Dementia will return on Thursday 27 November, as Insurance United Against Dementia calls on the whole industry to get involved.
Top 100 broker recruits ex-Gallagher manager as commercial head
Specialist taxi and fleet broker Patons Insurance has recruited ex-Gallagher operations manager Steve Milner as its new head of commercial.
Broker Expo 2025 Countdown: HSB’s Terry Dyson
As we countdown to Broker Expo in October we caught up with Terry Dyson, managing director of the engineering insurance business at exhibitor HSB who explains how it aims to offer brokers compelling propositions to bridge cover gaps that their customers may have.