Insurers face £1.4m shortfall from Inspire failure
Insurance providers are set to be left with a £1.4m hole from the collapse of Coventry-based Inspire Insurance Services, with the broker's total deficit estimated at £2.7m by liquidators.
On 23 October Inspire was ordered to shut down immediately by the Financial Conduct Authority with the watchdog issuing a string of further instructions including to ringfence client money and secure
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