The business collapsed in 2017 along with broker Ignition Select and it is predicted that only £246,000 will be paid out to creditors, with Lloyds Bank suffering a "significant shortfall".
The hottest stories on www.insuranceage.co.uk, the month in numbers and quotes from the biggest news stories of the month
Charity corner / Pets of the month
Back to business: Finding reasons for hope amid the looming recession
With some sectors hit harder than others and reputational damage from unpaid business interruption claims fresh in clients’ minds, the coronavirus recession could be unlike any experienced before
Former owner and CEO, Sir Roger De Haan, is expected to invest up to £100m in the business as he returns to the board as non-executive chairman.
Hood Group • James Hallam • Kerr Group Insurance • Laurie Ross • Partners& • PJ Hayman and Company • Ryan’s • TH March • Verlingue UK
Carrott Insurance • Lifesure • Principal Insurance • SEIB Insurance Brokers • Sutton Winson
Caravan Guard • Ceta
Autoline (now part of Prestige) • Alan Boswell Group • All Clear Insurance Services • Lycetts • Staysure • Dayinsure.com
Avantia Insurance • Brightside Insurance Services • Grove & Dean • Howden UK • Premium Choice Insurance • Right Choice Insurance Brokers
Aston Lark • Be Wiser Insurance • Global Risk Partners (GRP) • Vantage Holdings
Complete Cover Group & Hyperformance • Policy Expert • Markerstudy Group – Retail and Affinity
The Granite Group • Somerset Bridge Insurance Services (formerly Eldon) • One Call Insurance
AA Insurance Services • Adrian Flux Insurance • A-Plan Group
BGL Group • Hastings Direct (Hastings Insurance Services)
The criteria we used to determine this year’s Top 50 brokers in personal lines after applications was:
Another year of respectable growth, but not across the board: The personal lines broker market has once again demonstrated its resilience, with increased GWP making up for continued margin pressure, and innovation and acquisitions offsetting limited…
Top 50 listing - Brokers are listed alphabetically in bands of GWP
Continuing to thrive: Acquisitions and the formation of newer businesses have been fuelling growth in the Top 50 Personal Lines Brokers over the past year
The three potential buyers have an additional four weeks to make a bid for the AA as the motor specialist says discussions are progressing.
Business says move comes after growing demand from brokers for broader claims support as Phil Taylor joins the business from Marsh Commercial to lead the new service.
The reinsurance business will be renamed Gallagher Re from 1 October.