Last year construction insurance specialist CRL Management Ltd described the collapse of Danish provider Alpha Insurance A/S “an unfortunate affair” that has left them bruised. Now it looks like CRL has been a dealt a stronger blow.
“FSCS has been recently made aware that CRL has stopped writing new business,” stated the Financial Services Compensation Scheme in a September 12 Alpha Insurance update. “All calls and enquires to CRL relating to Alpha are being redirected to BCR for handling.”
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