Rum*

Evening All,

With immediate effect we have put a temporary halt on issuing any New Business quotations for "High Risk Motor"...i.e Subarus, Mitsubishis, Porsche etc. This is purely to enable us to concentrate on our existing clients who are presently insured with Independent Insurance.

As you may be aware from recent press comment Independent Insurance Company have formally stated they will not be writing any new business or transacting future renewals, effective immediately they will be in orderly "run off".

For those of our clients who are currently insured with Independent their policies will continue through to renewal date.

Prior to your renewal we shall of course be arranging quotations with alternative markets.

From a claims perspective all claims will continue to be dealt with per the normal policy terms and conditions.

We are of course aleady discussing the High Risk Motor scheme with other major composite insurers and Lloyds Underwriters. These meeting started this morning at 10.00am...and will no doubt continue for the next week or 2.

Please feel free to contact myself or one of my colleagues should you have any further concerns.

Tom (aka Rum*)
Partner
Schofield Insurance Brokers
Tel: 0113 250 0377
Mobile: 07798 762285