Orbit Underwriting administration period extended


Orbit Underwriting has had its administration period extended by a year.

Documents filed on Companies House revealed that administrators for the wholesale broker have set a new deadline of 1 November 2020. The administration period was originally due to end on 2 November 2019.

Administration proceedings are being overseen by CG & Co.

An administrator on the case told Insurance Age that the extension was solely to allow CG & Co more time to realise funds from the business.

The extension was

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