Biba tells Gable brokers to co-operate with administrator
Steve White urges brokers to complete in depth due diligence on unrated insurers and says Biba is close to releasing a tool to help with this.
The British Insurance Brokers' Association (Biba) has told brokers who use Gable Insurance that they must "co-operate" with the administrator following the announcement that PwC has been appointed special administrator to the insurer.
Steve White, Biba CEO, said that there have been a couple of unrated insurers experiencing problems recently and urged brokers to co-operate with all agencies dealing with the administration process.
Gable went into administration yesterday (12 October) with CEO
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