French authorities have said claims not processed by this date are not eligible for compensation as contracts have ceased.
The administration of Elite Insurance has been managed by PricewaterhouseCoopers, who confirmed in February 2020 that the insurer had 60,000 clients in France, mostly with 10-year construction insurance contracts.
Company in liquidation since 2019
Elite Insurance, based in Gibraltar, has been in judicial liquidation since the end of 2019. The cessation of contracts for French clients was announced by French regulator l‘Autorit de Contrle Prudentiel et de Rsolution(A…
Read the full article at: https://www.connexionfrance.com/French-news/60-000-French-contracts-cancelled-as-Elite-Insurance-firm-closes
