Provisional liquidators appointed to Whiteley Insurance Consultants

The High Court in London appointed provisional liquidators Dan Schwarzmann and Nicholas Reed of Pricewaterhouse Coopers LLP to Whiteley Insurance Consultants, Whiteley, a firm of travel insurance intermediaries.
It also trades as Kingfisher Travel Insurance and Kingfisher Insurance Services. The appointment was made in support of a public interest winding-up petition, presented by the Financial Services Authority.

The FSA alleges that Whiteley was putting consumers at risk by effecting contracts of insurance as a principal without authorisation prior to January 14, 2005 and in breach of its regulatory permissions from January 14, by selling insurance policies that were not underwritten by an authorised insurer.

The provisional liquidators have set up a helpline for policyholders on 08705 234 803.
 

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