Replacement cover for 30,000 former Alpha policyholders in jeopardy

Infinity

Broker CRL had found a replacement insurer to take on almost 30,000 Alpha policies, but the potential suitor has raised “several last-minute issues” that are holding up a deal.

There is uncertainty that the planned deal will now be done.

An announcement by the Financial Services Compensation Scheme stated: “We’re not sure at this stage if the replacement agreement will be

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