Miles Smith exits guarantee market.
Lloyd's broker Edgar Hamilton Group has bought the guaranteed agency business of Miles Smith, which ...
Lloyd's broker Edgar Hamilton Group has bought the guaranteed agencybusiness of Miles Smith, which is facing debts of over £470,000 following
the collapse of an introducing motor intermediary.
Last month, Romford-based intermediary GB Financial Planning went bust
after failing to collect premiums on motor policies issued directly by
Highway and Zenith. As guaranteeing broker, Miles Smith - part of the
Greatminster Group - was left to pick up the debt.
David Milne, managing director of the
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