Insurance Post

Gable administration was 'inevitable', say brokers

liechtenstein-at-night

Brokers have described Gable’s administration as “inevitable”, with those who still hold policies with the troubled Liechtenstein insurer being advised to immediately find new cover.

"I think it was inevitable, it's been lumbering on for years," said Malcolm Lee, managing director of Ten Insurance.

"It's not a particular surprise, it's similar to Enterprise going recently. It's

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