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Insurance company Alpha goes bust – leaving thousands with no cover – Coventry Live

Drivers in their thousands have been left without insurance cover after insurance firm Alpha announced it had gone bust.

The drivers insured with their UK brands, Cover My Cab and Protector, received a text message stating: “Your taxi insurance policy with Alpha Insurance is cancelled with immediate effect.”

The text meant thousands of taxi drivers were left without insurance as of May 9, Wales Online reported.

According to the Licensed Taxi Drivers Association (LTDA), the company insured 700 taxi drivers and 10,000 private hire vehicles in London alone.

General Secretary of the LTDA, Steve McNamara, said: “We have notified all of our members about this change, to ensure that no-one is unintentionally driving without insurance.

“We…

Read the full article at: https://www.coventrytelegraph.net/news/coventry-news/insurance-company-alpha-goes-bust-14647835

Category: BankruptcyBy Insolvency GuardianMay 15, 2018

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Insurance company Alpha goes bust – leaving thousands with no cover – Coventry Live

Drivers in their thousands have been left without insurance cover after insurance firm Alpha announced it had gone bust.

The drivers insured with their UK brands, Cover My Cab and Protector, received a text message stating: “Your taxi insurance policy with Alpha Insurance is cancelled with immediate effect.”

The text meant thousands of taxi drivers were left without insurance as of May 9, Wales Online reported.

According to the Licensed Taxi Drivers Association (LTDA), the company insured 700 taxi drivers and 10,000 private hire vehicles in London alone.

General Secretary of the LTDA, Steve McNamara, said: “We have notified all of our members about this change, to ensure that no-one is unintentionally driving without insurance.

“We…

Read the full article at: https://www.coventrytelegraph.net/news/coventry-news/insurance-company-alpha-goes-bust-14647835?utm_source=google_news&utm_medium=referral&utm_campaign=google_news&utm_content=sitemap

Category: BankruptcyBy Insolvency GuardianMay 14, 2018

Post navigation

PreviousPrevious post:UPDATE 1-Britain’s Mothercare to raise equity as part of restructuring plan – ReutersNextNext post:Liquidation recommended for CBL Corporation – Insurance Age

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Good Natured packaging companies win approval for Brampton going-concern sale
August 4, 2026
Final Bell files for bankruptcy with $46.6 million owed
August 4, 2026
Builder loses appeal against winding-up notice for debts over $100k
August 4, 2026
UK travel company plunges into liquidation – all holidays cancelled
August 4, 2026
NCLT clears Rs 2,775 crore Inox-Authum resolution plan for Wind World India
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