Skip to main content

Former Iprism holding company moves towards liquidation with small payout

Cash box

Unsecured creditors of Spectrum Bidco are in line to get a £216,112 payout as the former holding company of Iprism Underwriting Agency moves from administration into creditors’ voluntary liquidation.

They will also be entitled to £5,638 from the company’s net property.

Unsecured creditors had an estimated total liability of around £81.7m.

In a filing at Companies House dated 23 December the

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@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.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 Post? View our subscription options

Throwback Thursday: Royal retreats from Moscow

Insurance Post’s Throwback Thursday steps back in time to October 1991 to remind you what was going on this week in insurance history when Royal International was reconsidering its plans for a Moscow-based insurance company.

Q&A: Nick Dinsdale, Peach

Nick Dinsdale, underwriting director at Peach, speaks to Insurance Post about the firm’s new hire, AI in underwriting and Peach’s growth plans.

Big Interview: Simon Hunt, HDI

Simon Hunt, CEO of HDI UK and Ireland, reveals how he is looking to grow the corporate and specialty lines insurer by launching a new Lloyd’s syndicate and expanding in areas including energy, cyber and healthcare.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

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 individual account here