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Information evaluation: Alpha collapse reignites unrated debate

Information evaluation: Alpha collapse reignites unrated debate


The chapter of unrated Danish supplier Alpha Insurance coverage has despatched ripples by way of the UK insurance coverage market.

The writing was on the wall for Alpha, whose specialisms included motor fleet and notably taxi, initially of March this yr when it stopped writing new enterprise and renewals.

After a submitting by its liquidators all present cowl was instantly terminated on eight Might, which prompted a disaster within the UK taxi market the place many drivers have been abruptly left uninsured.

Brokers said that