Gefion disputes claims from administrator after Staveley Head collapse

UK money

Gefion Insurance has issued a response to the news that Staveley Head has gone into administration, stating that it did not prematurely terminate its contract with the business.

Insurance Age reported yesterday (5 February) that Steven Muncaster and Sarah Bell of Duff & Phelps had been appointed as joint administrators of Staveley Head.

The global advisor stated that the move was a result of solvency issues at Staveley Head’s main insurer, which led to “an early and unexpected termination of

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