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Thursday, 13 October 2011

Broker Assistance for sale?

As reported in the Insurance Age today, The Auto Body Professionals Club (ABP) has said that  it has been approached by the administrators, thought to be Leonard Curtis, who are "urgently seeking interested parties with regards to the sale of a business whose principal activity is the provision of motor claims solutions and recovery services on behalf of brokers, insurers and businesses".  Offers to be made by 5pm tonight.

The ABP said it believed the company is Broker Assistance.

The North West based firm whose turnover was last reported at £15m may be in difficulty but it would be premature to say that the company is in administration.  Most likely the buyer in a PLANNED pre pack administration has pulled out.

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