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Leisure Insure is closing its office permanently after its UK capacity was withdrawn according to a statement on its website.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

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

ABI records 3% home premiums rise in Q1

Average home insurance premiums for buildings and contents cover rose by 3% to £375 in the first quarter of this year, pushing the year-on-year rise up to 19%, according to the Association of British Insurers.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: