Gibraltar’s Quick-Sure enters administration
Having stopped writing new business in 2017, the regulator estimates that only 117 claims are left to be settled.
Quick-Sure Insurance has entered administration, the Gibraltar Financial Services Commission (GFSC) confirmed yesterday (23 January).
The Gibraltar-based motor insurer informed the GFSC last month that it had been unable to raise enough funding to meet ongoing liabilities. It then applied to be placed into administration on 14 January.
Quick-Sure ceased writing new business in March 2017 and has no unexpired policies. Since then, it has continued to settle claims. As of yesterday, the GFSC
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