PwC warns of up to 200,000 Independent policy cancellations.
PricewaterhouseCoopers, provisional liquidator of Independent Insurance, has written to brokers warn...
PricewaterhouseCoopers, provisional liquidator of IndependentInsurance, has written to brokers warning them that up to 200,000
Independent policies will be cancelled.
Dan Schwarzmann, partner at PwC, said: "There will certainly be over
100,000 cancellations and possibly even 200,000. Letters have gone out so
that brokers know what is happening."
Mr Schwarzmann continued: "There is a bit of an issue with numbers as we
are still getting to grips with the various books of business. It was not
uncommon
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