Troubled Staveley Head sold by administrators
Stoke-on-Trent broker One Sure Insurance has bought the Wales broker which collapsed earlier this year.
Bust broker Staveley Head has been bought for an undisclosed sum by One Sure Insurance which is based in Stoke-on-Trent.
In February this year, administrators were called in and the majority of the firm’s 85 staff were made redundant.
Administrators Stephen Muncaster and Sarah Bell, both of Duff & Phelps, continued to trade the company on a reduced basis while pursuing the sale of the business as a going concern.
Sale
A statement from the administrators read: “On 2 April 2020, the Joint
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