Tag Archives: Liquidation

Liquidations and Non-disclosure – why does the past matter?

First, a little definition – an insurance contract is based on the principle of ‘utmost good faith’ – that is, a person seeking insurance must disclose any information that would constitute a ‘material fact’ or  anything that would affect an insurer’s view of the hazard you pose in offering you cover. This can be both […]

Here today, gone tomorrow?

The quality and security of insurers is a hot topic currently in the insurance world. In recent years we have seen both Gable and Enterprise leave the UK market leaving a trail of destruction behind them. When an insurer goes into liquidation not only do policy holders potentially lose the policy which they’ve paid for […]