Former Gefion and Qudos user Staveley Head goes into administration

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Motor broker Staveley Head has gone into administration, with Steven Muncaster and Sarah Bell, both of Duff & Phelps, appointed as joint administrators on 5 February 2020.

The global advisor said the move is a result of solvency issues at the broker’s main insurer, which led to “an early and unexpected termination of the contractual arrangement which was in place”.

According to Muncaster, the majority of staff have been made redundant. He added that the joint administrators are working with

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