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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

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