Lloyd's broker forced to sell corporate risks division
Firm says interest in remaining divisions did not result in a sale.
Independent Lloyd’s broker Priest & Co has been forced to sell its corporate risks division after the company slipped into administration, sister title Post has reported.
The broker has appointed administrators from Begbies Traynor.
A statement from the administrator, sent to Post read: "Following the administrators' appointment on 13 May 2014, the administrators sold the corporate risks division (being one of the three divisions that the company operated) to a third party.
"There had been some
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