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Lonsdale Insurance Brokers enters liquidation

By Mark Battersby, 2 Aug 24

Neil Bennett and Alex Cadwallader of Leonard Curtis were appointed as joint liquidators

The UK’s Financial Conduct Authority said on 1 August On 24 July 2024, Lonsdale Insurance Brokers Limited (Lonsdale) entered creditors’ voluntary liquidation on 24 July 2024.

Neil Bennett and Alex Cadwallader of Leonard Curtis were appointed as joint liquidators.

Lonsdale is an FCA-authorised Lloyd’s wholesale insurance broker. The firm placed commercial business (such as property and casualty, surety bonds, warranties and reinsurance) with insurance carriers on behalf of its clients.

The FCA stated: “Having considered the firm’s financial position, the directors concluded that the firm was insolvent, and 2 insolvency practitioners from Leonard Curtis were appointed as joint liquidators.”

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.