Matt Fairfield’s beleaguered Exin is expected to enter liquidation tomorrow (15 June) following a wind-up petition being issued by HM Revenue & Customs.
An unnamed Lloyd’s syndicate has assumed liability for 177,00 policies that were written by the now-defunct Danish insurer Alpha.
Willis Towers Watson is suing Alliant for trying to “steal millions of dollars of revenues” after the West Coast broker poached a 12-strong construction team from its larger rival.
Echelon Insurance, the former owner of the Danish insurer Qudos, has denied allegations of wrongdoing made by London-headquartered alternative investment firm New Nordic earlier this week over the 2017 sale of the unrated European carrier.
Scandinavia-focussed alternative investor New Nordic says it is poised to sue the former owner of its Danish insurer Qudos for “misrepresentative and fraudulent acts” following its acquisition of the carrier in 2017.