Insurance Post

Unrated carrier Eric no longer accepting new business

stop-sign

The European Risk Insurance Company appears on the brink of collapse after advising it is no longer able to accept new business, renewals or requests for coverage increases.

The Icelandic outfit, which has an office in Southend-on-Sea, has informed UK-based firms that, despite its difficulties, functions such as claims handling will continue as normal.

In a letter seen by

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