Staveley Head-linked Policyplan goes into run-off
One Sure which, bought the rights to the Staveley Head brand in April, has agreed to manage the Policyplan run-off.
Former appointed representative of Staveley Head, Policyplan, is no longer accepting renewals or new business, according to a statement on its website and the wholesaler is being placed into run-off, Insurance Age can reveal.
One Sure, which bought the branding rights and book of Staveley Head in April, is to manage the process.
MD, Chris Lear, told Insurance Age that the administrator approached him about the run-off.
He explained that a deal had now been agreed with unrated Danish insurer
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