Gable closes to new business
Insurer posts £24.3m pre-tax loss for 2015.
Gable Holdings has confirmed that it has instructed its broker network "to cease writing new business with immediate effect, subject to local jurisdictions and laws".
The statement read: "The board has taken the decision that it would not be prudent to continue writing new business within Gable when we are aware that with effect from 1 October 2016 we will be introducing this business to our new carriers. We will be working with our brokers and policyholders to ensure a seamless transfer."
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