Major insurers respond to Staveley Head collapse
Staveley Head, which was mainly backed by unrated provider Gefion, advertised major composites on its website. Most of these confirmed only a handful of policies with the broker.
Major insurers including Aviva, Ageas, NIG and Zurich have confirmed they had a “very small” number of policies with Staveley Head, which collapsed into administration last week.
Ageas, Zurich and NIG confirmed they would work with the small number of policyholders to ensure they are supported.
It is understood that NIG only had six policies with the broker.
Ageas commented: “We did a small amount of business with Staveley Head and are sorry to hear that they are no longer trading.
“We will
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