The Blog Spot: Do you remember when a broker last went bust?
The sad fall of Staveley Head causes Siân Barton to pause and ask ‘when did this last happen to a broker?'
I’ve worked in the world of insurance – albeit on the fringes as a journalist – since about July 2014.
As I approach six years in the market I cannot recall many cases like Staveley Head.
The Wales-based motor broker called in Duff & Phelps as administrators last week, redundancies were made and a fire sale initiated.
Of course, a handful of broker businesses have gone bust since 2014 but the only one I can specifically recall is Ignition Select which hit the buffers in 2017.
And some
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