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On 18 August 2023 Verex Insurance Services Limited entered administration. Gary Pettit of PBC Business Recovery and Insolvency Ltd was appointed as administrator.
Verex Insurance Services Limited (Verex) is an insurance broker that sold motor insurance products from a range of insurers. The Directors of the company applied to place the firm in administration.
One of Verex’s Appointed Representatives, Verex Assistance Limited, also entered administration on 18 August 2023. Gary Pettit of PBC Business Recovery and Insolvency Ltd was also appointed administrator of the Appointed Representative.
Policies purchased through Verex are not affected, further information for customers is below. Car Care Plan Limited have acquired the assets of Verex Insurance Services Ltd and Verex Assistance Ltd, which means they will take over the services previously provided by Verex.
https://www.fca.org.uk/news/news-sto...administration
