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A car and van insurance firm with 16,000 customers has gone into administration - leaving thousands of drivers without cover. Premier Insurance's customers have been told to consider alternative motor insurance as soon as possible.
The firm was placed into administration on October 14 following an application to the Supreme Court of Gibraltar. Freddie White and Bradley Chadwick of Grant Thornton have been appointed as joint administrators.
Sarah Marin, chief customer officer at the Financial Services Compensation Scheme, said: “We understand customers will be worried about how Premier Insurance Company Limited’s failure will affect their motor insurance policies.
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“We’d like to reassure