Leisure Insure closes permanently

Closed sign

Updated: UK capacity was pulled last month as directors say they were not prepared to go offshore or use "obscure foreign markets".

Leisure Insure is closing its office permanently after its UK capacity was withdrawn according to a statement on its website.

The statement read: “Leisure-insure Ltd no longer has any facilities to place new business, or offer renewal terms for existing policies following the withdrawal of our facility by Axa XL Insurance Company. We have been unable to find alternative markets and are therefore in ‘run off’ and will cease to trade in good order, in due course.”

The business has also been

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