Morgans Insurance Broking collapses into administration
A London insurance broker has collapsed into administration, Insurance Age can reveal.
Morgans Insurance Broking, based in Central London, fell into administration last week and has ceased trading.
Brian Johnson and Nicholas O'Reilly of insolvency firm Fisher Partners have been appointed to handle the broker's affairs.
According to the broker's website, it forms part of Morgans Group, which provides managment insurance services.
A statement sent to Insurance Age confirmed: "The failure of Morgans Insurance Broking is largely as a consequence of obligations that it took on in
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